This chart fully demonstrates the operational characteristics of long-term and short-term Bitcoin users.
LTH stands for long-term, and after hitting a low of 74500, they began to accumulate significantly. STH refers to short-term users, who sold off heavily as the market dropped towards 74500.
When the market fluctuated around 94000, short-term users (STH) began to buy in large quantities, while long-term users (LTH) started to become more conservative, even slightly reducing their positions. #BTC走势分析