On-chain data shows that the cost price of short-term holders of Bitcoin is currently stabilizing around 92,000 US dollars

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CryptoChan2025/02/07 11:44

By:CryptoChan

In the past three months, the cost price of short-term holders of Bitcoin has experienced significant fluctuations. Data shows that the indicator has continued to rise from the level of 50,000 dollars in late October, reached a high of 110,000 dollars in mid-December, and then gradually fell back to the current 92,000 dollars.

Correspondingly, the price trend of Bitcoin market is highly synchronized with the cost price of short-term holders, and the fluctuations of the two show obvious linkage. Since mid-December, the realized price of short-term holders has always remained above $90,000, indicating that the market transaction cost tends to concentrate near this level.

This price fluctuation reflects the stable state of the market after experiencing shock adjustment, and the cost price of short-term holders provides a reference basis for market prices, further affecting investors' decisions and market trends. When the market experiences a correction, the cost price of short-term holders can be used as a reference indicator to help determine whether the market is in an over-adjustment area.

On-chain data shows that the cost price of short-term holders of Bitcoin is currently stabilizing around 92,000 US dollars image 0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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