$BTC
$BTC price races against the cost price of short-term holders!
New investor sentiment becomes key!
Glassnode makes a shocking statement on platform X, unveiling the mystery of the Bitcoin short-term holder (STH) cost model!
This is not just a model, but a 'barometer' for measuring new investor sentiment!
Historical data proves it accurately captures the troughs of bull markets, providing insight into bull-bear transitions!
The current BTC price is leading the STH cost price (88,135 USD) by about 7%! But the outcome of this race may determine the future direction of the market!
Alarm! If the BTC price unfortunately falls below this critical level, new investor sentiment may face a 'Waterloo'! This is not just a warning light for the market, but also a precursor to a trend reversal! Investors, keep your eyes wide open and closely follow the fierce competition between BTC price and STH cost price!