2026-01-19 18:53:32

According to the latest analysis from the on-chain data platform, the STH-NUPL indicator measuring short-term holders( new investors) loss situation has triggered a warning. Since late November, this segment of the investment community has been in an overall loss predicament. In other words, only when BTC reclaims the $98,000 level can these short-term holders have a chance to return to profitability. From a market psychology perspective, this price point has become a key psychological barrier for many retail investors—whether it can be successfully broken through to some extent determines the recent market sentiment trend.

BTC-2,88%

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LayerZeroJunkie

· 21h ago

98,000 is a psychological threshold; if you can't break through, just keep harvesting the leeks.

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Token_Sherpa

· 21h ago

ngl, the fact that retail still can't figure out nupl indicators before dumping their paycheck into btc is... predictable. 98k isn't a floor, it's just where the pain stops hurting for a minute.

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MrDecoder

· 21h ago

98,000 really became a psychological barrier, retail investors will have to wait and see this time

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NotAFinancialAdvice

· 21h ago

98,000 is another psychological barrier, retail investors are about to be trapped again.

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GasFeeCrier

· 21h ago

98,000 is really a tough hurdle; retail investors probably have to watch helplessly again.

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MetaNomad

· 21h ago

98,000 is the hurdle; if it can't be broken, retail investors will continue to suffer heavy losses. --- Newcomers are truly trapped this time; all indicators are red. --- That critical level of 98k... feels hard to break, market sentiment is about to explode. --- Once STH-NUPL lights up, it's game over; new retail investors will have to wait for a rebound. --- Is this all retail investors' psychological defense? They should have run when they had the chance... --- The group that entered at the end of November probably regrets it to the core now. --- Only a breakthrough past 98k would really be a sign of hope; right now, it's all about luck. --- It's the same story again: before the price rises, no one can make money. --- Indicators have hit rock bottom; short-term holders are directly GG. --- If 98k can't be broken, market sentiment will collapse, which is very realistic.

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ImaginaryWhale

· 21h ago

98,000 dollars is really a hurdle, retail investors are all waiting here to get out of the trap --- Newbies are again taking the bait, it's always like this --- Has the STH indicator turned red? It should have bottomed out by now, just see if it can break 98,000 --- Basically, it's a gamble on whether it can break through; psychological defenses are the easiest to break --- Another newbie got cut, it’s painful just to watch --- The chips are in short-term hands, this wave is indeed risky --- It takes 98,000 to get out of the trap? How much longer do we have to wait? --- Retail investors' psychological defense line = the cut-loss price, haha --- Short-term holders are all at a loss, and the market sentiment still dares to call it "heading towards" ? --- Warning lights are on, newbies should wake up now

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