Last week's Bitcoin plunge seems to have resulted in quite significant realized losses. Looking at the chart, it appears to be the largest loss amount in history.

However, what's interesting is that signs of a bottom are starting to appear quite strongly. When observing price movements and on-chain data, it feels like selling pressure is weakening. It looks like a bottoming pattern is emerging.

Big losses during a sharp decline are scary, but during such times, many traders are actually looking for buying opportunities. If signs of a bottom are strengthening, a rebound might be close. I'm paying close attention to market movements.