Title: Bitcoin’s Next Big Move Hinges on STH Risk Appetite and ETF Speculation
Author: Techandtips123
Source: © CryptoQuant | 10 hours ago
Hashtags: #BinanceAlphaAlert #BTC110KToday? #BTC
🚀 Bitcoin Rally: All Eyes on STH & ETF Behavior
Bitcoin’s current rally hinges on two key forces: Short-Term Holders (STH) and ETF speculators. While fundamentals remain strong, real momentum depends on whether these groups hold or sell.
📊 STH MVRV hasn’t yet crossed the +1 STDV “super rally” line. Historically, crossing it led to 46% average gains, targeting ~$154K this time.
⚠️ But with the bull market entering its late stage, risk appetite is fading. Likely profit-taking starts near $126K, especially by ETF investors who entered around $84K.
🧠 ETF selling could trigger fear among STHs, causing a domino correction—even if metrics look bullish.
🎯 Key Levels to Watch:
+1 STDV on STH MVRV = potential for a breakout
$126K = expected resistance/selling zone
ETF behavior = critical trigger for trend reversal
Stay smart. Follow behavior, not just price.