According to @CryptoMichNL, many altcoin holders are aiming to exit at breakeven, a sentiment he says resembles Q4 2019 and argues that patience is preferable to early exits, source: X post dated Oct 27, 2025. He notes that in a prior cycle, traders who sold at breakeven in the first leg up later saw substantial multiples, urging a longer time horizon for altcoin positions, source: X post dated Oct 27, 2025. For historical context, ETH rose from roughly 130 USD in Dec 2019 to about 4,800 USD in Nov 2021, while BTC dominance fell from around 70 percent in late 2019 to near 40 percent by May 2021, conditions that coincided with broad altcoin strength, source: CoinMarketCap historical data; TradingView BTC Dominance BTC.D data. Trading takeaway: the post supports a patience bias and cycle-aware accumulation rather than breakeven selling, with monitoring of BTC trend and dominance for altseason confirmation, source: X post dated Oct 27, 2025 by @CryptoMichNL; TradingView BTC.D data.

According to @glassnode, Bitcoin BTC is trading below the $113.6k and $115.6k cost basis for the 1M and 3M holder cohorts, leaving short-term holders underwater (source: @glassnode, Aug 28, 2025). According to @glassnode, rallies may face resistance near $113.6k-$115.6k as these investors look to exit at breakeven (source: @glassnode, Aug 28, 2025).