Analysts: On-chain metrics show that BTC holders are currently experiencing losses, and the market is facing localized pressure.

According to an article published on the X platform by analyst Axel Adler Jr., published by Odaily Planet Daily, the Bitcoin market is currently in a correction phase, having retreated 30% from its all-time high. Indicators on the STH SOPR and P/L Block chains indicate that market participants are incurring losses, and the market is currently facing localized pressure.