02/06/2025 2:55 PM - Short-Term Holders Realized Price (STH) is a key indicator of Bitcoin support. Currently, primary support is at $90,600, reflecting the average purchase price of short-term investors. Additionally, another key support level is at $97,200, representing the realized price of holders who purchased Bitcoin between one and three months ago.
These levels are crucial as they reflect recent investor entry points, indicating areas of strong demand. Bitcoin’s ability to hold above these supports could signal a resumption of the uptrend. However, if these levels are lost, the asset could face additional selling pressure. Bitcoin is currently trading around $97,051, with an intraday range between $96,148 and $99,167.
In short, Short-Term Holder Realized Price serves as a barometer to gauge market sentiment and identify critical support and resistance levels. Investors should closely monitor these levels to make informed decisions, considering that holding above these support levels could pave the way for new all-time highs, while losing these levels could indicate a sharper correction.
source: https://www.newsbtc.com/bitcoin-news/bitcoin-support-sits-at-906k-short-term-holder-realized-price-expert-reveals-key-resistance-level/
