Glassnode: Bitcoin Short-Term Holders are Currently at a Loss, Market May be Entering a Reset Phase

BlockBeats News, September 29th, Glassnode posted data on social media indicating that Bitcoin’s short-term holder NUPL (Net Unrealized Profit/Loss) indicator has entered the loss zone, suggesting that recent buyers are under pressure. Historically, short-term holder capitulation events have often signaled the market entering a reset phase, typically laying the foundation for a new round of asset accumulation.