The Bitcoin (BTC) market is currently experiencing significant shifts in supply dynamics, with notable activity between long-term holders (LTHs) and short-term holders (STHs). According to the latest analysis from CryptoQuant, historically, such transitions have often indicated local market tops or even cycle peaks, depending on the overall market environment and broader economic conditions. Presently, demand from short-term holders continues to play a critical role in supporting Bitcoin’s price stability amid ongoing market volatility. Related Reading: Bitcoin Remains Below $100,000: Is the Bull Market Over or Just Taking a Breather? Long-Term Holders Vs. Short-Term Buyers The analysis made by the CryptoQuant analyst Darkfost revealed that the short-term holders, particularly those who acquired Bitcoin in recent months, are actively influencing market sentiment. By analyzing the realized price data of various short-term acquisition periods, distinct support and resistance levels become apparent. These realized price levels include $41,000 for the general average realized price, $85,000 for short-term holders overall, $99,000 for holders within one week to one month, $81,000 for one to three months, and $60,000 for three to six months. These figures reflect ke ..
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