what is more interesting (unlike the temporary day to day drama of small amounts)_
.. is the yields of coins that are still hoarded at acquisition costs below market rate.

EG early adopter coins. mined coins from early days or by the most efficient miners.

..
take these things into account.
imagine early adopters and efficient miners early and current have a cost/acquisition value of under $15k
once they sell. to people on the market at $17k+ this year. those coins are no longer valued at below $15k but at a minimum $17k+
meaning no one with those sold coins would sell below $15k.. but if they were not sold this month by the early adopters/efficient miners. then next month there would have still been more coins worth under $15k
meaning more coins that could have depressed the market later.

the more that are sold now means more support for higher prices later.

its better to "find the new bottom" now, as it then supports the next level higher later on.

2012 bottom was $3
2014 bottom was $300
2017 bottom was $1200
2020 bottom was $5300