Opinion: BTC falling below $106,000 will trigger panic among long-term holders, the recent pullback has not yet "arrived."
On September 28, on-chain analyst Murphy stated that the fluctuations of BTC since August 13 may not have fully adjusted, with short-term holders contributing all losses, while long-term holders have a loss of 0%. In the future, in the range of approximately $97,000 to $106,000, long-term holders may face losses, which is expected to be the bottom range of the trend pullback. This analysis is for educational communication only and does not constitute investment advice.
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