paper losses get loud, but markets usually break on liquidity , not conviction. what’s the real risk trigger here?
Mastering Crypto
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🚨 This is getting really bad now 👇
Bitcoin has fallen below $75,000. That move puts price under Strategy’s average buying level of around $76,000 per Bitcoin. With that one level breaking, Michael Saylor’s big Bitcoin bet has slipped deep into the red.
Strategy holds 712,647 $BTC . Those coins were bought over years with strong conviction. Now that price is below their average cost, the company is sitting on more than $900 million in unrealized losses. Every further dip makes that number worse.
This is where the pressure starts to feel real.
Saylor’s strategy has always been clear. Buy. Hold. Never sell. But markets do not care about belief. When Bitcoin trades below the average entry price of the largest corporate holder in the world, it hits market psychology hard. Not because coins are being sold, but because confidence is being tested in real time.
Every dollar below $76K adds more stress to sentiment. Traders start asking tough questions. How long can price stay below cost. How much pain can the market handle. What happens if the drop continues.
To be clear, these are paper losses. Nothing has been sold. No losses are locked in. But markets react to pressure before action ever happens. Seeing the loudest Bitcoin bull underwater by nearly a billion dollars feeds fear across the entire market.
This is not panic because something broke. It is panic because belief is being tested.
Moments like this do not kill narratives. They reveal who can sit through them.
if 2111 breaks, do you see a straight move to 1500… or a lot of chop in between?
Oyee Dk
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⚠️$ETH The price has not been able to break down the $2111 level so far, but the risk still remains. If it breaks this level, there's a high probability of it going down even further, potentially falling back to the low levels of 1500 to 1300, which would be very bad. But the price is around 2250, which is okay. We hope it will go up,
but the entire market is going down, so what can we do?🚨