Bitcoin
Ay down 10% out of all times only over $ 124,000, with the next support level that makes up around $ 108,600, which is the short -term holder (Sth rp).
The STH RP, which reflects the average removal price of coins moved within the past 155 days, is a major measure for measuring the near -term investor positioning.
Bitcoin has a history of treating the STH RP level in support during bull markets, which often reresperts during a correction of 20% to 30% before continuing the upward momentum.
Since February, the BTC has continued to be held at this upper level, with the latest April trial marking a cycle of less than $ 76,000, a step in conjunction with the stress of the market following the announcement of President Trump’s new tariffs.
Realize the price (RP) itself, reflecting the average extraction price throughout the entire supply of the coin, has also continued to be trending upward. This increase, alongside the increase of STH RP, signs that investors are actively accumulating coins at a gradual higher price, strengthening structural support for the market.
In fact, over the past seven days, both RP and STH RPs have increased by more than 1%, emphasizing the continued flow and conviction of consumers.
These dynamics reflect an important backdrop for the current correction: while Short -term volatility Forced price action, the rising basis of the cost of investors suggests that the new capital continues to enter the market at the elevated level, absorbing the pressure of sale and maintaining longer bitcoin structures.
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