As the market recovers from extended #bear markets, these new #STH buyers return to profit.

We have seen this explosion in STH profit dominance, indicative of a large #proportion of the coin supply having been accumulated below the current price
#STH #Binance #BTC #leontech

$BTC Analysis

📊 Key Focus: Watch the Short-Term Holder ( #STH ) group, which often indicates new market demand.

📈 Price Action: The spot price has recently surged above and reclaimed the critical cost-basis of $62.5K for this cohort.

🔺 Market Sentiment: This movement signals a relatively constructive and bullish sentiment in the market.

#Cryptomarket

📈 The Bitcoin Short Term Holder (STH) Realized Price, indicating the average acquisition price for short-term holders, has been reclaimed.
Historically, this creates a support level, often leading to 30% profits, according to @CryptoQuant Quicktake

#Bitcoin #ShortTerm #STH #Binancefeed #TrendingTopic