Bitcoin He witnessed a slight recovery to the price level of $ 102,000, indicating an increase in momentum in the upward direction. However, the leading assets faced strong resistance around the threshold of $ 102,000, causing its price to be restored towards the main support levels. As the Bitcoin price fluctuates, feelings and strong bullish activity are observed among short -term holders.
A noticeable shift in Bitcoin ownership
The recent procedures of prices seem to have sparked a noticeable transformation in Bitcoin’s ownership, where short -term holders download their accumulation from BTC. Alphractal, advanced data analysis and investment analysis platform It was identified Change in ownership, which indicates the increasing confidence between BTC retail investors.
The data from the statute shows that long -term holders have sold a large amount of BTC, while short -term holders intervene to absorb the offer. This change usually comes when their long -term holders reduce their holdings, and they allow Short -term holders Make sure to take advantage of the potential gains to buy more coins.
The huge sales of long -term investors are a strategy for profit, which indicates pessimism in long -term BTC offers among these investors. Meanwhile, the huge accumulation by short -term holders reflects strong optimism about the BTC capabilities in the short term.
After moving in the Bitcoin supply age scale, Alphractor highlighted that history may repeat itself again with the growth of short -term feelings.
As we saw in the previous sessions, Long -term participants Be less interested in keeping the pre -obtained BTC, causing them to sell their coins. At the same time, as in previous sessions, these investors have begun to empty their holdings on a large scale in the ongoing session.
On the other hand, short -term holders have shown that they are more interactive and make more dangerous decisions because they buy carefully during price mutations. If these investors continue to collect BTC, development may affect market fluctuations and shape The next main origin move.
The owners may benefit in the short term from the recent decline, but the most prominent technical events whose owners tend in the long term until they are more intelligent investors. This is due to the highest possibility of long -term growth. These investors benefit from the rise BTC prices To sell their sites, with a low purchase price.
BTC market is still optimistic that profitability remains at good levels
Although Great correctionsBTC profitability is still on positive levels. Data Axel Adler JR. And a researcher and author of Macro said that the average profit for Bitcoin, the net profit, and the average losses achieved is worth 911 million dollars, 653 million dollars, and 258 million dollars, respectively.
Looking at profit levels, Axel Adler claims that BTC Market He is still in an upward stage. According to the expert, the current monotheism is likely to end when the 7DMA is closer to zero or negative. This means that most of the sellers have already left the market, which is common during the final stage of the correction, which leaves the sale that moves it only.
Distinctive image from Istock, Chart from TradingView.com
