The Realized Price reflects the price when purchasing BTC, so it can be considered a break-even point. Using UTXO Age Bands, you can check the Realized Price by holding period.
📌The Realized Price for 1 week to 1 month holders🟣 and 1 to 3 month holders🟠 is $59.3k and $62.1k, respectively. The current BTC price is $60.3k, located between them.
In the short term, the two bands are likely to act as support and resistance, respectively, and can be set as the main section when trading.
In addition, the Realized Price for the 6 to 12-month group of long-term holders is $50.1k. If the decline deepens, it can be expected to act as support.
Written by Yonsei_dent