Bitcoin: Why can the rejection of this group for sale lead to the participation of the following assembly for BTC star-news.press/wp

Main meals

Bitcoin holders are struggling in the short term, as they do not exceed 5 % profits over the past ten months. But this group The risk of the sales side remains very low.

Bitcoin (BTC) was traded within a multiple upward channel, with a healthy decline along the way. BTC kept firmly more than $ 100,000 for 56 consecutive days, which reflects a continuous upward trend.

Amid these prices, Bitcoin rose to multiple ATHS, leaving all market participants in profit. However, short -term holders record the minimum gains, as the encrypted analyst noticed Darkfost.

Bitcoin holders in the short term

Darkfost noticed that over the past ten months, the average profit achieved by its owners in the short term has not exceeded 5 %.

Source: Cryptoquant

During this period, SOPT did not move from the regiment over 1.05, but remained within a neutral ratio of 1. Often, when StHS meets such fate, this is mostly because they entered the market late to the gathering.

As a result, the short -term loss continued to rise over the past week. According to Checkonchain, STH Supply increased in the loss from 190.3 thousand BTC to 1.27 million BTC to this writing.

Source: Checkonchain

Still Stow is strong

Despite the low profitability and increased losses due to increased supply, STHS continues to stick to, waiting for bitcoin height and recording more gains.

The risk of the sales side continued to decline, as it decreased to less than the liquidity threshold very low. At the time of the press, this scale sat around about 0,0007, indicating that short -term holders do not sell but hold a loss.

Source: Checkonchain

Historically, the low risk percentage appeared on the sale aspect during the bottom area, where the pressure pressure was exhausted.

Moreover, there was no remarkable change from small coins to the older during the past month. As noted Axel AdlerThe short -term holders were about 47 % at the time of the press, while changing a 30 -day flow of scratch.

Source: Cryptoquant

The RVT rate also has also proven Sth Cool-FF. As of the writing of these lines, the scale reached 0.058, indicating that Sths was relatively calm, indicating less pressure on the market.

Source: Checkonchain

Often, this behavior preceded a counterattack in prices because selling fatigue is high, which leads to the disappearance of negative pressure.

Bitcoin’s future depends on …

According to Ambrypto analysis, Bitcoin holders in the short term continued to stick to the market despite the low profitability and increased losses.

The pressure pressure fades, as this group currently lacks the incentive for sale. Based on this behavior, Bitcoin can recover from the last decline and restore resistance to $ 117,000, as it faced multiple rejection operations.

However, if this group begins to sell panic, the Bitcoin will face intense landing and a decrease to find support about $ 112,000.