Short-Term Bitcoin Balances at 2024 Lows: A Cooldown Signal
This chart tracks the total Bitcoin balance held by short-term holders, a key barometer for speculative interest.
Recently, these balances have declined to their lowest levels since October 2024 and remain on a downward trajectory. This drop mirrors the broader pullback in Bitcoin’s price, and this combination historically signaled cooldown phases in the market, as shown in the red box.
While such phases often involve short-term weakness, they also help reset market conditions and can pave the way for healthier, more sustainable price growth.
Recently, these balances have declined to their lowest levels since October 2024 and remain on a downward trajectory. This drop mirrors the broader pullback in Bitcoin’s price, and this combination historically signaled cooldown phases in the market, as shown in the red box.
While such phases often involve short-term weakness, they also help reset market conditions and can pave the way for healthier, more sustainable price growth.
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Get access to advanced on-chain analytics for hundreds of crypto assets on app.intotheblock.com/
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。