Glassnode: LTH Unrealized Loss Peaks at 15%

Glassnode reveals that long-term holders (LTH) relative unrealized loss peaked at just 15% in early April, a stark contrast to over 75% during prior deep crypto market crashes. This metric underscores how Bitcoin (BTC) investors endured only a fraction of historical stress, implying the recent drawdown failed to shake their resolve deeply, even as unrealized losses hit 6.9% of market cap at $82.1k.

Zooming into the 4-hour BTC chart, price action clings to a bullish structure with the EMA50 at $80,475 acting as immediate support just below the current $80,659 mark, while the EMA200 at $76,715 reinforces longer-term floors. Yet MACD flashes a bearish death cross at 141.56, clashing with neutral RSI at 47.09, and as price trades inside Bollinger Bands—upper resistance at $82,034 capping upside while lower support at $80,086 guards against dips—expect volatility to exhaust toward that upper band before a potential retracement tests EMA50 confluence, aligning with broader BTC price prediction models eyeing macro recovery amid trending Bitcoin hype.