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Bitcoin's Short-Term Selloff Sparks Market Reversal Concerns
The short-term holders (STH) of Bitcoin (BTC) have started to sell, causing the previous growth momentum to face downward pressure. Specifically, STH, holding around $94,500, have begun liquidating BTC amid a rally, which is typical of the final phase of a price impulse—taking profits and decreasing demand. Meanwhile, long-term holders (LTH) continue to hold their positions, with their support base at approximately $33,000, indicating that the overall market trend remains intact. A noteworthy indicator is the STH/LTH ratio: historically, when STH exceeds LTH, it signals a bull run. Currently, this situation is reversed, resembling the market conditions before the 2021 correction. The question remains whether this marks the final surge or if a reversal has already begun.
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AI Analysis
The recent activity among Bitcoin traders shows a classic sign of a market nearing its top. Short-term holders, who typically trade based on momentum and short-term sentiment, are beginning to liquida...
AI Recommendation
Given the mixed signals, it is advisable to maintain a cautious stance. Traders should consider reducing exposure if they are heavily leveraged or holding long positions, especially if price action co...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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