According to Ali, the Actual Price of Short-Term Holders helps gauge the behavior of recent buyers at #Bitcoin . It acts as a resistance level in a downtrend as these holders are more likely to sell if the price drops below their entry point.
Since June 22, #BTC has struggled to break above this level, which is currently at $63,250. Until $BTC reclaims this area as support, there is a risk of further selling pressure. Caution is advised.
