🎉🚀Crypto enthusiasts, buckle up! Despite Bitcoin's deepest correction of the current cycle, our long-term holders are showing resilience that would make a diamond blush! 💎 No signs of panic here, folks.

Glassnode's analysis reveals these steadfast holders aren't flinching, even with BTC hitting a four-month low of $53,500. Unlike previous capitulation events, this week's losses account for less than 36% of total capital flows across the Bitcoin network.

Now, let's talk about our short-term holders. They're feeling the pinch, with nearly 2.8 million BTC, or 14.2% of the total supply, at an unrealized loss at $53,500 lows. But hey, that's the game, right? 🎲

Despite the current drawdowns, the market structure remains robust compared to historical cycles. So, keep your spirits high and HODL on!

What's your take on this? Are you a diamond hand or a paper hand? Let's chat in the comments! #Bitcoin #DeFi #Web3 #CryptoNews