Remarkably, 97% of all losses can be attributed to Short-Term Holders, and the Long-Term Holder cohort were comparatively unfazed.

Focus on the Short-term Holder cohort as the centrepiece for loss analysis moving forwards.

Here's the Analysis of #MANTA :

#MANTA is been stuck in a range between the support and resistance area of $0.63 - $0.65 and $0.74 - $0.76 respectively. On a HTF view, price continuously moving lower and and range trading can be done here. A breakout will lead the directional price in the market.

#BTC now seems to be now in a consolidation range but still holding above the a major support zone. Eyes on breakout now.

#JTO as expected failed to hold the support zone and now floating below the support. Price formed a support and kinda forming a triangle pattern too. Price about to have a break and for buys we need to see a close above resistance too.

the Z-Score of their Realized Loss has recorded a 6.85 standard deviation move, with only 32 trading days ever hitting larger value. This highlights the severity of the sell-off event in a historical context.

Here's the Analysis of #MEME :

#MEME is just making lower low and approaching towards the listing price. Price slides below the support zone, and formed a small range inside the falling wedge pattern. Price needs to have a breakout of the range, and the structural resistances too.

#BTC still on the same position but one thing is price is holding its structural move. Nothing to analyze, need to wait for the range break

#MANTA trying to have a break of the resistance area (range top) and a successful closing will give strong buyer indications. Buys can be taken after that or in retest phrase.

Short-Term Holder SOPR has also reached staggering depths, as new investors locked in a -10% loss on average. This speaks to a form of capitulation, with only 70 trading days ever registering a lower value.

What is #SOPR ?

The #SOPR (Spent Output Profit Ratio) a very simple indicator, which reflects the degree of realized profit and loss for all coins moved on-chain. It’s calculated from spent outputs, the realized value (#USD) divided by the value at creation (#USD) of the output. Or simply: price sold / price paid.

#SOPR values greater than 1 implies that the coins moved that day are, on average, selling at a profit (price sold is greater than the price paid).

#SOPR value less than 1 implies that the coins moved that day are, on average, selling at a loss (price sold is less than the price paid).

#SOPR value of exactly 1 implies that the coins moved that day are, on average, selling coins at break even.

Successive peaks of high SOPR (creating an indicator uptrend) suggest continual distribution, usually during a bullish price rallies. As more coins are spent back into liquid circulation, the probability of a local or macro market top increases.

Here's the Analysis of #AEVO :

#AEVO is been printed lower low, irrespective of market conditions and now flipping the a structural resistance. Price still moving within the bear flag formation and need to see some sort of breakout now. Other than that, wait for a retest.

#BITCOIN DAILY TF UPDATE :

#BITCOIN on Daily TF, had a flip of the zone and gave a good close. Price had a retest and move higher hits nearly $65,000, and minor retracements can done before moving any up.

#TOTAL2 MARKETCAP UPDATE :

#TOTAL2 is started the recovery and nearly to its major resistance area of $940B - $956B. In case of rejection here, we can expect some sort of short-term correction. A break and close above will be the good sign, for the market as it will turn the market bullish.

Since the Bitcoin price ATH was established in March, the market faced an extensive period of supply distribution, with participation by wallets of all sizes. Over the last few weeks, this trend is showing early signs of reversing, particularly for the largest wallet sizes which are often associated with ETFs. These large wallets appear to be returning to a regime of accumulation.

Here's the Analysis of #RARE :

#RARE had a 300% jump in the past days and reached it major resistance area around $0.30 - $0.31 and now forming the triangle formation and breakout is still pending yet. A Breakout will lead in the directional move f the market and take the setup with retest.