Short-term holders (STH):

- Usually buy and sell Bitcoin for a short period of time, less than 1 year.

- Use trading strategies such as day trading, swing trading, or scalping to take advantage of market volatility.

Long-term holders (LTH):

- Hold Bitcoin for more than 1 year, believe in long-term potential.

- Use a buy and hold strategy.

Observations:

- LTH realized value dropped sharply by $6B (from $19B to $12B), indicating they may be taking profits or closing long positions.

- In contrast, STH realized value increased by $6B (from -$17B to -$11B), indicating they may be increasing risk or buying more.

UTXO Age Range 1d ~ 1w (purple line):

- The realized price is the value of Bitcoin when it last moved, which can be a support or resistance level.

- Multiple short-term price-strike interactions show that traders are paying attention to this level.

- Rejections could imply that momentum is weakening, leading to short-term corrections.