#bitcoinshorttermholdersreach4.08mbtc
🚨 Short-Term Supply Peaked Above 4 Million BTC on #Bitcoin ! 🚨
📊 According to CryptoQuant data, the total supply held by short-term holders (STH)—investors who have held Bitcoin for less than 155 days—has reached a four-month high of 4.08 million BTC. This group has increased its holdings by 12% (422,000 $BTC since July’s low), and its activity points to a critical threshold for the market.
🔥 Key Highlights
Buying Near the Peak: Most new buyers entered the market in the $82,000–$86,000 range and are now hovering near the edge amid price fluctuations.
Cost Basis and Panic Risk: This group’s average cost basis is $74,900. Their unrealized profit buffer has shrunk to 10%. If the price falls another 8.8% and drops below $74,900, it could trigger mass panic selling.
The Bigger Picture: Although short-term buying momentum has slowed by 55% over the past two weeks, historical cycle peaks (5–6 million BTC in supply) have not yet been reached. This suggests there is still room for upward movement over the long term.
🟢 Long Setup (Bullish)
Entry: 75,200–75,800 (a pullback to the cost-basis range is expected)
Stop-Loss: *73.800\(** *(below the 74.900\) support)
Target (Take Profit): 82,000 and 85,500
🔴 Short Setup (Bearish)
Entry: 74,500 (after the 74,900 support breaks and a close below it confirms the breakdown)
Stop-Loss: $76,200
Target (Take Profit): 71,200 and 68,500
⚠️ Note: The market is highly sensitive as short-term profit margins have eroded; do not open positions without stop-losses.$BTC
🚨 Short-Term Supply Peaked Above 4 Million BTC on #Bitcoin ! 🚨
📊 According to CryptoQuant data, the total supply held by short-term holders (STH)—investors who have held Bitcoin for less than 155 days—has reached a four-month high of 4.08 million BTC. This group has increased its holdings by 12% (422,000 $BTC since July’s low), and its activity points to a critical threshold for the market.
🔥 Key Highlights
Buying Near the Peak: Most new buyers entered the market in the $82,000–$86,000 range and are now hovering near the edge amid price fluctuations.
Cost Basis and Panic Risk: This group’s average cost basis is $74,900. Their unrealized profit buffer has shrunk to 10%. If the price falls another 8.8% and drops below $74,900, it could trigger mass panic selling.
The Bigger Picture: Although short-term buying momentum has slowed by 55% over the past two weeks, historical cycle peaks (5–6 million BTC in supply) have not yet been reached. This suggests there is still room for upward movement over the long term.
🟢 Long Setup (Bullish)
Entry: 75,200–75,800 (a pullback to the cost-basis range is expected)
Stop-Loss: *73.800\(** *(below the 74.900\) support)
Target (Take Profit): 82,000 and 85,500
🔴 Short Setup (Bearish)
Entry: 74,500 (after the 74,900 support breaks and a close below it confirms the breakdown)
Stop-Loss: $76,200
Target (Take Profit): 71,200 and 68,500
⚠️ Note: The market is highly sensitive as short-term profit margins have eroded; do not open positions without stop-losses.$BTC