Bitcoin price approaches $104,000, long-term holders' confidence boosts the rise

According to HashKey's news, based on the observations of CryptoQuant analyst Abramchart, long-term Bitcoin holders remain in a healthy profit state (NUPL greater than 0.5), demonstrating strong confidence and willingness to hold. Short-term holders are fluctuating around lower profit levels, suggesting that there may be some selling or short-term pressure during the price rise. The current Bitcoin price is close to $104,000, primarily supported by the confidence of long-term holders, with the overall trend still bullish, but short-term holders may trigger phase adjustment pressure.