Short term holders holding big bags means panic is close

Retail always buys right before the chop shakes them out

That massive stash creates a massive exit door if momentum stalls

Traders need to widen stops because swings will get violent here

I am sitting on my hands until this supply flushes or stabilizes

A fast spike past this range with heavy volume would prove me wrong

Bullish or bearish

#BitcoinShortTermHoldersReach4.08MBTC #CryptoNews