Recent analysis from CryptQuant suggests Bitcoin (BTC) may be nearing a local bottom. According to contributor Amr Taha, the Binance deposit ratio of Bitcoin held by short-term holders (STH) has surpassed 0.4. Historically, this level has coincided with BTC forming a temporary low point. This observation indicates that individual investors are currently depositing significant BTC amounts onto Binance, potentially with the intention of taking profits. However, the analysis suggests this behavior could paradoxically signal an impending price rebound. While not a guaranteed indicator, the high STH deposit ratio on Binance warrants attention from traders and investors monitoring potential entry points. Further price action and market analysis are needed to confirm this bottom signal. ```

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