The Realized Price of Short-Term Holders (STH) serves as a critical breakeven point for Bitcoin’s price movement. Specifically, the Realized Price of 1M-3M holders acts as a key medium-term support and resistance zone, while that of 1W-1M holders reflects shorter-term trends.
Over the past year, the Realized Price of 1M-3M holders has consistently provided strong support for Bitcoin. Historically, when the gap between the 1W-1M and 1M-3M bands widens, Bitcoin’s price tends to consolidate or correct before the two bands converge again.
Currently, Bitcoin is facing resistance at the 1W-1M band. However, as the two bands gradually move closer, the support from the 1M-3M band presents a promising opportunity for medium-term spot accumulation. Monitoring this pattern carefully is crucial, with a balanced approach that accounts for both short-term corrections and potential upside momentum.
Written by Yonsei_dent
