#bitcoinshorttermholdersreach4.08mbtc
๐จ #bitcoin Short-Term Holders Just Hit a Massive Milestone! ๐
The numbers are in, and on-chain accumulation is heating up! Short-Term Holder (STH) supply has officially surged to 4.08M BTCโmarking a fresh 4-month high after adding roughly 422,000 BTC since late July! ๐๐ฅ
Fresh capital is aggressively flowing in, with heavy absorption happening right in the $82,000โ$86,000 range as BTC trades around ~$83,100.
$BTC
๐ The Breakdown & What to Watch:
The Cost Basis Alert: The STH aggregate cost basis sits near $74,900, while the crucial lower timeframe structural demand floor is holding strong at $80,200โ$81,500. Maintaining this zone is vital to avoid speculative cascading and keep bullish momentum alive!
Targets in Sight:
๐ฏ Target 1 (Immediate Resistance): $85,000 (Key breakout barrier)
๐ฏ Target 2 (Mid-Term Expansion): $87,800
Key Support / Invalidation: $80,200
$DUSK
Are we gearing up for a breakout past $85k, or is a retest incoming? Let's discuss below! ๐
$ETH
#OctoberFedHikeOddsFallToAround17% #SouthKoreaTightensOversightOfOverseasPerpetualContracts #cryptotrading
๐จ #bitcoin Short-Term Holders Just Hit a Massive Milestone! ๐
The numbers are in, and on-chain accumulation is heating up! Short-Term Holder (STH) supply has officially surged to 4.08M BTCโmarking a fresh 4-month high after adding roughly 422,000 BTC since late July! ๐๐ฅ
Fresh capital is aggressively flowing in, with heavy absorption happening right in the $82,000โ$86,000 range as BTC trades around ~$83,100.
$BTC
๐ The Breakdown & What to Watch:
The Cost Basis Alert: The STH aggregate cost basis sits near $74,900, while the crucial lower timeframe structural demand floor is holding strong at $80,200โ$81,500. Maintaining this zone is vital to avoid speculative cascading and keep bullish momentum alive!
Targets in Sight:
๐ฏ Target 1 (Immediate Resistance): $85,000 (Key breakout barrier)
๐ฏ Target 2 (Mid-Term Expansion): $87,800
Key Support / Invalidation: $80,200
$DUSK
Are we gearing up for a breakout past $85k, or is a retest incoming? Let's discuss below! ๐
$ETH
#OctoberFedHikeOddsFallToAround17% #SouthKoreaTightensOversightOfOverseasPerpetualContracts #cryptotrading