📢【Bitcoin market is in turmoil again! Short-term holders buy and sell heavily, while long-term holders are as steady as a rock】
Hello everyone! Today we are going to talk about the latest developments in the Bitcoin market. According to data from Glassnode, the short-term Bitcoin holder group has purchased about 100,000 Bitcoins since September 19. Does it sound crazy? 😲
**Short-term holders' "buy buy buy" and "sell sell sell"**
As of September 27, the price of Bitcoin soared to over $66,000, which prompted many short-term holders to start buying heavily. After all, who doesn't want to get a piece of the pie when the price goes up? However, as the price began to fall, these short-term holders quickly sold their assets. In the past two days, they sent about 64,000 Bitcoins worth $4 billion to the trading platform, of which about $3 billion was sent at a loss. It seems that the mentality of short-term holders is really "slightly moved"!
**Long-term holders’ “stable happiness”**
Compared with the nervousness of short-term holders, long-term holders appear very calm. In the same period of time, they only sent 100 bitcoins to the exchange platform at a loss. This “stable happiness” mentality of long-term holders may be because they are confident in the future of Bitcoin and will not be easily affected by market fluctuations.
**Short-term vs. long-term: investment strategies are very different**
Glassnode defines “short-term holders” as investors who hold Bitcoin for less than 155 days. When the price of Bitcoin falls below its cost price, this group tends to panic sell. Long-term holders tend to hold Bitcoin for more than 155 days, and their investment strategy is more stable and will not be easily swayed by market fluctuations.
**Market neutral attitude: opportunities and risks coexist**
We maintain a neutral attitude towards the Bitcoin market. Market fluctuations bring both opportunities and risks. Frequent buying and selling operations of short-term holders may bring short-term gains, but may also face greater risks. The stable strategy of long-term holders may obtain more stable returns in the long run.
**Feel free to share your thoughts in the comments section! **
Are you a short-term or long-term holder?What do you think about the future of the Bitcoin market? Feel free to share your views and investment experience in the comment section. Let's explore this market full of opportunities and challenges together!
I hope this news flash can bring you some interesting information and thoughts. Remember to like, share and comment! 😊