2025-12-16 16:29:27

BTC's Recent Slide Puts Short-Term Buyers in the Red

Since late October, Bitcoin has been treading water below the $104K mark—and those who jumped in around that level are now staring at red portfolios. The numbers tell a sobering story: recent buyers are nursing roughly 12.6% losses as the flagship crypto continues its sideways grind.

This pattern raises some questions for the trader crowd. What prompted the initial optimism at $104K? Was it genuine bullish momentum or just FOMO catching early movers? Either way, the data paints a picture of short-term holders caught between conviction and doubt—holding for recovery or cutting losses remains the million-dollar decision.

For market watchers, this serves as a reminder: cost basis matters. When significant portions of holders are underwater, sentiment tends to shift, and that shift often precedes the next major move.

BTC-2.18%

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GasBandit

· 14h ago

Those who chase high are crying, I just said don't FOMO --- 12.6% loss? Only rookies would cut their losses at this time --- This round of sideways consolidation is incredible, testing psychological resilience --- That wave at 104K was really a trap, pity those beginners --- Wait, are the large losses holders actually signaling a bottom? I need to think about this logic more --- Next time remember, don't chase when emotions are high, it's easy to get harvested --- When will the rebound come? This kind of patience is really unbearable --- The importance of cost basis is true, but who can predict the next market move? --- Seeing the account turn from green to red, I guess short-term buyers are now feeling devastated --- FOMO chasing in will be over, many people are caught in it

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FrogInTheWell

· 12-16 16:56

Hmm, another wave of FOMO bagholders about to go bankrupt What were those who bought at 104K thinking? Is it real or fake... Short-term traders must be feeling pretty bad now, directly recovering 12.6% After such a long sideways movement, it feels like it's about to explode Cost basis is very important, there's no mistake in that statement. It may sound like common sense, but it's actually really crucial I'm a bit looking forward to how the bottom will play out But those who cut losses will probably regret it in the end, it's a curse

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LiquidityHunter

· 12-16 16:55

104K that wave is really a FOMO harvesting machine, just taking a batch of leeks Wait, only 12.6% loss? I thought it was worse Sideways is sideways, anyway I sold early, just watching the show Cutting losses or holding on... I can't make this choice question Cost basis determines life or death, those who wake up late are doomed to be educated by the market Massive loss households = bottom signal? Then I need to watch when this wave rebounds FOMO is not scary, what's scary is truly believing that 104K will break new highs This is the fate of short-term traders, still need to learn to hold long-term Market sentiment changes in a loss state are the real trading opportunities

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DustCollector

· 12-16 16:51

The more people cut losses, the greater the chance of a rebound. This round depends on who can hold out.

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Degen4Breakfast

· 12-16 16:43

Brothers who bought at 104k, your mentality must be collapsing now, a 12.6% loss is enough to make you drink a cup --- FOMO bagholders crying in the toilet, this is what chasing highs costs --- Wait, a large loss actually signals a bottom? Then we need to bottom fish --- Short-term holders are struggling whether to cut losses or hold, basically gambling with their mentality --- How can the cost basis theory sound so poetic? It’s actually just being trapped --- After such a long consolidation, what is the main force really trying to do? It’s uncomfortable --- 12.6% is nothing, my losses are doubling, I’m stunned --- Next time a major market move comes, someone will start bottom fishing and chase highs again haha --- 104k FOMO is truly a timeless classic, replayed year after year --- Feels like the bottom is right in front of us, but I just can’t bring myself to add more, really at my limit

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retroactive_airdrop

· 12-16 16:35

Haha, it's time for the 104K newcomers to wake up FOMO chasing highs ends up like this... waiting for a rebound could take until the Year of the Monkey and the Horse Cost basis is indeed important, but these people clearly haven't done the math

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MintMaster

· 12-16 16:33

104K chasing highs people are crying now, promised to hit new highs To sell or not to sell, this really is a dilemma FOMO is really the poison of investment, brother Waiting for a rebound? Might have to wait a long time The cost basis statement is not wrong, a bottom will appear 12.6% loss is nothing, some people are losing more Sideways consolidation is so annoying, when will it move Losses are just accumulating chips for the next rally Already said not to chase highs, but some people still don’t listen This lesson: never buy coins out of FOMO Observe the market, everyone, the hardest moments are often at the bottom

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