Short-term holders (STH) and long-term holders (LTH) exhibit distinct behaviors in the Bitcoin market. STH, typically engaging in day trading, swing trading, or scalping, have recently shown an increase in selling activity, with realized cap changes entering negative territory, falling below $-10 billion.

Conversely, long-term holders (LTH) maintain a buy-and-hold strategy, reflecting their belief in Bitcoin's long-term potential. In the Ethereum market, funding rates have returned to negative values around 0.00%, suggesting retail traders are opening short positions. Additionally, significant Ethereum withdrawals to cold storage indicate a bullish sentiment, as holders anticipate future price increases.