Bitcoin’s Just…Stuck. 🙄

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Okay, so Bitcoin. It had this little…moment in December, a “short squeeze” they call it. Sounds impressive, right? Like a lemon? It wasn’t. It just kinda…stopped. Ninety thousand dollars? Please. It bounces off that number like a bad thought. Now it’s chilling around eighty-seven grand, and everyone’s just…waiting. Waiting for what, I don’t know. A sign? A miracle? A decent bagel? This Sunny Mom person – pseudonymous, of course, because who wants to be known for predicting this mess? – says it’s gonna be a while. Months, even. After that whole October, November debacle. Great.

Seriously, This Bitcoin Thing…

Apparently, there are these “HODL waves.” I swear, crypto people and their terminology! It’s like, you hold the coin, you’re a “HODLer.” Very creative. Anyway, these waves show more and more people are holding onto Bitcoin for, like, a short* time. Usually, that means money’s flooding in. But not now! Now it’s “passive bag-holding.” Passive! Like they’re just…sitting there, watching their money vanish. It’s not “new blood.” It’s just…sadness. 😔

And let me tell you about the people who jumped in at $120,000. October. FOMO, they call it. Fear of missing out. More like fear of using their brains. And then the November dip buyers. Oh, the dip buyers. All sitting on losses. So every time it tries to go up, they panic sell. It’s a ceiling, not a floor! A CEILING! What’s the point of a floor in this scenario anyway? It’s just… a mess.

This Sunny Mom – still sticking with that name, because it’s just…perfect – says people are emotionally wrecked. On-chain! The blockchain is feeling your feelings! Realized Loss, Net Realized Loss…it’s all Loss! It just slowly, painfully, cuts away the weak hands. A “dull knife?” A DULL KNIFE? That’s how they describe financial ruin? I can’t with this. 🤦‍♀️

Nobody Wants This. Nobody.

So, apparently, there’s a “demand vacuum.” Exchange reserves are low. Long-term holders aren’t selling. No new buyers. It’s like a ghost town. And what happens in a ghost town? Nothing. Prices plummet with the slightest breeze, just… whoosh. Some people are optimistically saying 2026. 2026!? I’ll be needing a new pancreas by then. Sunny Mom thinks it needs a “final shakeout.” 🙄 Which, as far as I can tell, means it’s going to go down…maybe even below eighty grand. A “liquidity hunt” to scare out the remaining suckers. Yeah, that sounds about right.

Honestly, it’s just…a whole thing. A complicated, stressful thing. And I, for one, am officially choosing to be confused. It’s less painful, okay?

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2025-12-28 11:30