Having identified Short-Term Holders at a loss as a key group, we'll utilize Glassnode's new Breakdown metric suite to analyze their cost basis.
The cost basis of the 1m-3m đ and 3m-6m đĄ cohorts among newer investors provides valuable insights into bull and bear market structures. Additionally, the cost basis of the 1w-1m đŽ cohort has proven useful for identifying potential local bottoms (in bull markets) and local tops (in bear markets).