Market Analysis: Traders Face First Loss-Taking Since October 2024

📉 Traders Finally Break

By Bitfinex
Mar 13, 2025, 6:52 PM
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Recent onchain data shows crypto traders are selling at a loss for the first time in 5 months, marking a potential shift in market sentiment.​ This follows a period of significant volatility, with $3B in options expiring last week.​

Key points:

  • First instance of widespread loss-taking since October 2024
  • Major market swings coinciding with large options expiration
  • Uncertain whether this indicates a market bottom or further decline ahead

The timing aligns with broader market uncertainty, coming after February's worst performance since 2014 and recent recovery sparked by Trump's Crypto Reserve announcement.​

Read the full analysis

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Bitcoin has been trading in a narrow range of $91,000 to $102,000 for 81 consecutive days, with historic lows in volatility. Geopolitical tensions & macroeconomic uncertainty continue to weigh on sentiment, leaving the market directionless. More in Bitfinex Alpha 👀

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