Bitcoin Rebound Stalls Near $103K Amid Market Shakeout
Bitcoin rebound halts near $103K as long positions get wiped and 30% of holders sit at a loss — a possible sign of a market bottom.
- Bitcoin stalls near $103K after strong rebound.
- 30% of BTC supply is now held at a loss.
- Similar patterns marked past bull cycle bottoms.
Bitcoin’s recent upward momentum has hit resistance near the $103,000 level, causing uncertainty among investors. After a significant rebound, the price action has cooled, and the market has witnessed a flush-out of long positions. This kind of pullback isn’t unusual in bull markets — in fact, it may be part of a healthy cycle reset.
According to market data, most of the over-leveraged long positions have now been liquidated. These corrections often serve to cool excessive optimism and reset funding rates. With this shakeout, the market appears to be recalibrating before its next big move.
30% of BTC Held at a Loss — A Bottom Signal?
One of the more telling metrics is that roughly 30% of the circulating Bitcoin supply is now sitting at a loss. Historically, this level of unrealized losses has coincided with local bottoms during previous bull runs. It reflects a shift in sentiment — from euphoria to fear — which often marks a rebound point for major cryptocurrencies.
Investors who bought at recent highs may now be underwater, but such conditions have previously sparked renewed accumulation by long-term holders and institutions.
Will History Repeat Itself?
If the past is any guide, the current setup may be laying the groundwork for Bitcoin’s next leg up. While nothing is guaranteed, market watchers point to similar structures in earlier cycles where a stall in price, coupled with widespread losses, preceded a strong rally.
As always, it’s essential to watch on-chain data, macroeconomic conditions, and market sentiment closely. The Bitcoin rebound might be on pause, but it could just be catching its breath before making a bigger move.
