Now, using multiple indicators to study current behavior is crucial for comparison and understanding differences.

Image 1: Bitcoin's actual losses last week were similar to those it suffered during June 2022, but the situation is different.

Figure 2:
After excluding short-term holders' holdings (0-6 months), we can see that the actual losses for the group holding them for more than 6 months were actually much lower last week compared to June 2020.

This indicates that the most active group of investors (6 months or less) has capitulated, but we still see that the group holding currencies for 6 months to 2 years is retreating somewhat.

Summary:
Don't be surprised by another Bitcoin capitulation, led by the group that has held coins for 6 months to 2 years.

The price is moving exactly as analyzed. 👌💪

Currently, the market is positive and good for entering trades. The stop loss should be below the red zone. Good luck! ❤️