✅ Bitcoin is approaching the realized price of STH

Short-term holders (STH) often buy around the breakeven price, which tends to set an initial support level.

🔹 BTC Price: $110,000

🔹 Realized Price of STH: $107,000

Buying at this level assumes that the upward momentum will continue. However, if BTC continues to trade below the Realized Price of STH without recovering, it could signal underlying issues.

Note: the price may accumulate around this level for a long time. So far, throughout this bullish phase, the Realized Price of STH has consistently provided reliable support.