📊 Report #Glassnode :

▪️ $BTC break below $58K – $60K will result in losses for a significant number of STH (short-term holders) and trading below the 200DMA price level.

▪️ Price movement in the range of $60 to $64 thousand continues the current sideways trajectory of market uncertainty.

▪️ A decisive break above $64k will return a significant portion of STH coins to profit, which will likely lead to an increase in investor sentiment.