According to @ki_young_ju, paper Bitcoin investors have just gone underwater, implying their aggregate cost basis sits above spot without signaling bullish or bearish direction (source: @ki_young_ju on X). According to @ki_young_ju, the main trading takeaway is that BTC volatility is likely to rise, so traders should prepare for wider intraday ranges and sharper derivatives moves without assuming a directional bias (source: @ki_young_ju on X).

According to Flood (@ThinkingUSD), investors who purchased Ethereum (ETH) during the SBR Trump announcement are currently experiencing losses, as these positions are now underwater. This situation may impact trading strategies, particularly for those who entered the market during this specific event, highlighting the importance of timing and market reaction in cryptocurrency trading.