Today, I’m not watching whether prices go up or down—I’m watching a set of cost figures 👀
The average cost basis for short-term holders is around $76,500
Their unrealized gains have already shrunk from around 20% to 5.5%
What’s interesting about this figure?
$76,500 is now a very real dividing line
If it holds, short-term holders are still in profit, so sentiment can stay steady
If it breaks, gains turn into losses, and selling pressure could come in wave after wave
Now, another set of figures:
Public companies now hold around 1.3 million BTC
That’s up 31% over the past 14 months
But 71% of that increase came from just one company
Structural support is real, and so is the concentration risk
The Fear and Greed Index is stuck at 51, in neutral territory
BTC is hovering around $80,000, while ETH is back just above $2,300
The market isn’t panicking or getting greedy—it’s just grinding
My take is simple:
At a level like this, it’s not about who can predict the direction
It’s about who can avoid getting shaken out while the market grinds
Are you holding and waiting, or have you already trimmed half your position?
$BTC $ETH
#市场观察 #Bitcoin
This is not investment advice. DYOR. Trading involves risk.
The average cost basis for short-term holders is around $76,500
Their unrealized gains have already shrunk from around 20% to 5.5%
What’s interesting about this figure?
$76,500 is now a very real dividing line
If it holds, short-term holders are still in profit, so sentiment can stay steady
If it breaks, gains turn into losses, and selling pressure could come in wave after wave
Now, another set of figures:
Public companies now hold around 1.3 million BTC
That’s up 31% over the past 14 months
But 71% of that increase came from just one company
Structural support is real, and so is the concentration risk
The Fear and Greed Index is stuck at 51, in neutral territory
BTC is hovering around $80,000, while ETH is back just above $2,300
The market isn’t panicking or getting greedy—it’s just grinding
My take is simple:
At a level like this, it’s not about who can predict the direction
It’s about who can avoid getting shaken out while the market grinds
Are you holding and waiting, or have you already trimmed half your position?
$BTC $ETH
#市场观察 #Bitcoin
This is not investment advice. DYOR. Trading involves risk.