Glassnode: Some short-term Bitcoin holders have taken profits, and it has not yet been confirmed that the market has fully turned to the bullish zone
according to Glassnode, ETF inflows surged to $1.54 billion, pushing Bitcoin back above the Short-Term Holders (STH) cost price. Nearly 5% of the supply changed hands, short positions increased, and some short-term holders took profits. This is a critical retest, but strong support above $92,900 has not been confirmed, and it is not yet confirmed that the market has fully turned bullish.
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