SHORT-TERM HOLDERS: Key to Spotting BUYING & SELLING Pressure?🤔

Our research dives into how recent buyers (within 1 week to 1 month) can influence spot prices. These short-term holders tend to be more reactive to price swings and may sell during corrections of #Bitcoin .

Here's the twist: as the price dips closer to their average purchase price (1w-1m cost basis), their selling is expected to taper off, suggesting potential seller exhaustion. ⏳

By tracking the 1w-1m realized price, we can potentially identify these near-term turning points. Remember, this is just one data point - always do your own research before making any trading decisions.