BTC’s at a Crossroads - Is the Market About to Flip?

Glassnode’s got eyes on Bitcoin’s Short-Term Holder (STH) cost-basis - right now, BTC’s hovering 7% above the $88,135 mark. 

Dip below? That’s when markets usually flip bearish.

Long-Term Holders (LTHs) are offloading, but the pace is cooling. 

And here’s the kicker: 0% of LTH supply is in loss. Even at 12% below ATHs, they’re still riding profits.

Translation? The cycle’s not done yet - but this could be the moment where trends start to shift.

Source: The Daily Hodl