🚨 BITCOIN LONG-TERM HOLDERS ARE STILL NOT PANICKING. New Glassnode data shows Long-Term Holder unrealized losses peaked at just 15% during the recent correction. In previous deep bear markets, this metric went above 75%. That means the recent drop, while painful, still has not created the kind of stress or capitulation seen at major cycle bottoms. Most long-term holders are still holding their positions instead of panic selling. So far, conviction in this cycle remains much stronger than previous bear markets.