BTC達到短期持有人的成本基礎 - 支持持有嗎？

根據市場分析平台Alphractal的更新，比特幣再次達到了關鍵的價格門檻 - 短期持有人（STH）實現了成本基礎。

Bitcoin has hit a key price zone — the Short-Term Holders’ realized cost basis, according to blockchain analytics platform Alphractal. However, instead of pausing or accumulating, these holders appear to be distributing.

根據區塊鏈分析平台Alphractal的數據，比特幣已經達到了關鍵價格區 - 短期持有人的實現成本基礎。但是，這些持有人似乎沒有暫停或累積，而是在分發。

As highlighted by Alphractal, the selling pressure can be attributed to short-term holders returning to profitability. When BTC crosses above their average entry price, many of these market participants prefer to lock in gains, leading to distribution rather than further accumulation.

正如Alphractal所強調的那樣，銷售壓力可以歸因於短期持有人重返盈利能力。當BTC超過其平均入門價格時，許多這些市場參與者更喜歡鎖定收益，從而導致分銷而不是進一步的積累。

“For now, this zone acts as strong support, and Short-Term Holders will likely try to defend it at all costs.”

“目前，該區域是強有力的支持，而短期持有人可能會不惜一切代價捍衛它。”

The STH Realized Price represents the average purchase price of Bitcoin held by wallets with transactions within the past 155 days. If BTC manages to sustain itself above this level, it could indicate a continuation of the upward trend. Conversely, breaking below this zone might invite another round of selling, weakening support and paving the way for downside volatility.

STH意識到的價格代表了過去155天內的錢包持有的比特幣的平均購買價格。如果BTC設法維持高於此級別，則可以表明延續上升趨勢。相反，突破該區域可能會邀請另一輪銷售，削弱支持並為下行波動鋪平道路。