Systems and methods for detecting drillstring loads

A drilling system comprises a drillstring including a dill bit, a bottomhole assembly coupled to the drill bit, and a plurality of interconnected tubular members coupled to the bottomhole assembly. A first tubular member includes a communication link having a first annular inductive coupler element disposed in an annular recess in a first end, a second annular inductive coupler element disposed in an annular recess in a second end, and a cable coupling the first annular inductive coupler element to the second annular inductive coupler element. In addition, the drilling system comprises a first signal level determination unit disposed in the drillstring and configured to determine a level of a first signal communicated from the second inductive coupler element. Further, the drilling system comprises an axial load determination unit configured to determine an axial load at the first signal level determination unit based on the level of the first signal.