Analysis: Bitcoin traders' "over-loss" signals flash, potentially pushing the price below $44,000

MarsBitNews · 2026-02-24T15:05:52+00:00

Glassnode data shows that the realized profit and loss ratio of Bitcoin traders has fallen below 1, and the phenomenon of investors selling at a loss has intensified. This is the first time since 2022. Additionally, historical data indicates that a decline in this indicator usually signals subsequent price declines, potentially leading Bitcoin into a sustained loss phase. The current low zone for Bitcoin is around $43,760, consistent with historical bear market bottoms.

MarsBitNews

2026-02-24 15:05:52

Abstract generation in progress

Mars Finance reports that according to market sources, Glassnode data shows that the Bitcoin realized profit and loss ratio (90-day moving average) has fallen below 1, indicating that investors are selling their holdings at a loss. This is the first such signal since 2022. Historical data suggests that when this indicator drops below 1, it is usually accompanied by at least six months of realized losses and signals further price declines: during the 2022 bear market, Bitcoin fell 25% within six months after the indicator dropped below 1, and in 2018, it declined over 50% within five months. Glassnode points out that if history repeats, Bitcoin may “completely transition into an over-loss realization phase,” with the downward trend lasting more than five months. Based on the MVRV valuation range indicator, Bitcoin’s current extreme low zone is around $43,760, a level that has historically coincided with bear market bottoms and is within the 40,000-50,000 USD potential bottom range predicted by multiple analysts.

BTC0,44%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.