Glassnode: Short-term holders are still making profits, and market momentum is gradually picking up."
According to online reports, according to Glassnode data, the correction in Bitcoin's price is limited and still remains above the one-month realized price of US$105,100. The realized price for other different time periods is: $105,600 in 24 hours,$106,300 in 1 week,$101,200 in 3 months, and $98,100 in 6 months. Data shows that all short-term holder groups are still profitable, indicating that market momentum is improving. Bitcoin prices remain above short-term realized prices and are often seen as a sign of market health, indicating that short-term investors are not facing strong selling pressure.
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