#HOLD | O pico de #retenção para #STH ocorreu em 10 de outubro. No mês passado, ele vem caindo e atualmente está em um nível baixo.

No entanto, dada a alta #demanda por #moedas, as flutuações do #bitcoin permanecem dentro da faixa normal.

#StayHumble

Axel 💎🙌 Adler Jr #Support $105K

The Short-Term Holder #MVRV indicator has dropped to its average levels over the past five years. The spot market is currently in a balanced or neutral state, with no clear signs of overbought or oversold conditions among short-term holders.

The cost basis for short-term holders now stands at $105.7K. This represents the average price at which short-term investors have purchased Bitcoin over the last 155 days. BTC is trading above this level, meaning that most new market participants are currently in profit.

The main area of interest now is the market’s reaction to the #STH Realized Price.

Spent volume by Bitcoin #STH short-term holders in profit has cooled to 45%, below the neutral threshold. This reflects a balanced market, with modest profit-taking and no clear directional conviction among short-term investors.

Axel 💎🙌 Adler Jr

During yesterday's #pullback, 16.8K BTC were sent to exchanges at a loss from Short-Term Holders - this is noticeably less than in previous drawdowns.

The chart shows a trend of decreasing amplitude of capitulation selling (blue arrows).

This essentially indicates weakening pressure from #STH. #BuyTheDip

#Support $108K #STH

» Root | #BuyTheDIP@TutorialBTC

Axel 💎🙌 Adler Jr

The nearest strong #support #zone is the 100K–107K range, where the #STH Realized Price and SMA 200D intersect.

Below that is additional support around 92–93K, a deeper support level reflecting the cost basis of short-term investors who held coins for 3 to 6 months.

This will become a key second line of defense if the market loses the 100K–107K level.

@TutorialBTC

#STH O mercado está em um estado de "#Liquidez Muito Baixa", de acordo com a relação de risco do lado da venda do detentor de curto prazo.

Isso sugere que o preço está hipersensível, dado o perfil de oferta relativamente escasso.

Calma antes da tempestade? Ou mais alguns meses de instabilidade? $BTC 🍿 | Shark #Suporte