Short-term Bitcoin holders just touched their cost basis for the first time in ages—exactly the level I've been monitoring. The pullback to $95K came right after, pretty much textbook stuff.
Here's what's interesting: STHs are sitting right on the edge of flipping back into the green. Their average cost basis tells you where the real resistance sits. Once they cross into profit territory, you might see some profit-taking pressure, but that's also typically where fresh buyers step in.
Watching how Bitcoin holds or breaks through this zone will be crucial for the next move.
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rekt_but_vibing
· 5h ago
The cost line is just a touch away from bouncing back; this move definitely has some substance.
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rugpull_survivor
· 5h ago
It looks like short-term holders are about to start bottom fishing again. This rhythm feels a bit familiar.
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CoconutWaterBoy
· 5h ago
The pullback at the cost line, in the short-term holdings, you really need to stay alert.
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95K is stuck hard at this point, as if something is pressing down on it.
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Honestly, I've seen many instances of breaking the cost line, but the key is whether it can hold steady.
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If STHs really turn green, be careful of that wave of profit-taking selling down.
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This technical setup is a bit textbook, but the market never follows the textbook.
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The key resistance is here; whether it breaks depends on the actions over the next couple of days.
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Waiting to see who admits defeat first—short-term holdings or new buyers.
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AltcoinHunter
· 5h ago
Looking at this trend, STHs are really close to getting out of the trap. The 95K retracement was textbook-level. To be honest, this position is exactly where I've been waiting, and now I'm feeling a bit nervous...
Once they turn green, how much selling pressure could there be? I'm more curious whether those new buyers who have been lurking for a while will actually make a move.
Breaking through this zone is the key, but I always feel like Bitcoin just loves to torment us repeatedly.
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HackerWhoCares
· 5h ago
95K is really a well-worn topic. The short-term holders' dream scenario of bottom-fishing.
Why does it seem like good news always hits the face of floating-loss positions? If it breaks, it's time to cut losses.
The key is whether this wave can hold. If it breaks, we really need to tell a new story.
After this rebound, it depends on whether the bears will push back another round.
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LowCapGemHunter
· 5h ago
Ha, I told you that the cost basis has been validated this time, textbook routine.
Short-term Bitcoin holders just touched their cost basis for the first time in ages—exactly the level I've been monitoring. The pullback to $95K came right after, pretty much textbook stuff.
Here's what's interesting: STHs are sitting right on the edge of flipping back into the green. Their average cost basis tells you where the real resistance sits. Once they cross into profit territory, you might see some profit-taking pressure, but that's also typically where fresh buyers step in.
Watching how Bitcoin holds or breaks through this zone will be crucial for the next move.