Bitcoin is making serious moves again, recently pushing past the $91K mark — a level that’s acted as a major resistance point in previous rallies. Now that $BTC is showing strong upward momentum, there’s clearly renewed interest from both traders and investors. And what’s even more exciting? Long-term holders (LTHs) are back and stacking sats.
🚀 Long-Term Accumulation Kicks Back In
For a while, the market had been stuck in a pretty negative mindset — lots of folks pulling out and playing it safe. But now, as #Bitcoin reclaims critical price levels, long-term investors seem to be feeling more confident and are jumping back in.
According to data from Alphractal, a platform that tracks advanced investment trends and on-chain metrics, these seasoned holders are becoming more active again. Historically, whenever long-term holders start accumulating, it’s been a pretty solid indicator of strong future momentum. So this shift could be setting the stage for another major leg up.
Alphractal also pointed out that the distribution of #Bitcoin supply is shifting. Long-term holders now control about 14.39 million #BTC , which is over 72% of the total supply. Meanwhile, short-term holders are holding around 5.46 million #BTC , or roughly 27%.
📉 Meanwhile, Short-Term Traders Are Getting Bearish
Here’s the twist — while LTHs are going long, short-term traders seem to be leaning bearish. A lot of retail players are opening short positions, even as Bitcoin pushes higher. That kind of behavior suggests some serious skepticism about BTC’s short-term price action.
But here’s the thing: this could actually set the market up for a short squeeze. If #BTC keeps climbing and those short positions get liquidated, we might see a sudden, sharp price jump — which would be classic crypto chaos.
💭 My Take
To me, the return of long-term holders feels like a pretty bullish sign. These aren’t traders chasing pumps — they’re in it for the big picture. And while short-term pessimism might shake things up in the near term, the underlying trend looks solid. If this continues, we could be looking at a serious push higher, possibly beyond $100K if key resistances keep falling.
Let me know if you want a TL;DR version, a tweet thread breakdown, or even a visual chart summary to match the vibe!