Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Dominated By HODLing Sentiment – Metrics
Reveal Holders
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Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Dominated By HODLing Sentiment – Metrics Reveal Holders Move BTC Less
Frequently
by Sebastian Villafuerte
4 minutes ago
in Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin News
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Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin has experienced a rollercoaster ride over the past couple of weeks,
showcasing its trademark volatility. After reaching an all-time high (ATH),
the leading cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта saw its price drop by 15%, testing the $92,000 mark
as a crucial support level. However, BTC quickly bounced back, climbing just
below the psychological $100,000 threshold. This rapid recovery highlights the
market s resilience but also reflects ongoing uncertainty among traders
and investors.
Related Reading: Current Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Correction Remains Within Historical Limits –
The Impact Of An 11.7% Market Drawdown
Amid this volatility, new data sheds light on the shifting dynamics of the
market. Top crypto analyst Axel Adler shared an insightful analysis revealing
that the BTC market is increasingly dominated by HODLing sentiment. Long-term
holders appear to be moving their coins less frequently, signaling growing
confidence in Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin s long-term value.
This behavior underscores a broader trend: rather than reacting to short-term
price fluctuations, many BTC investors are opting to keep their holdings
intact for extended periods. Such sentiment often lays a foundation for price
stability and sets the stage for future rallies. With Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin trading near
historic levels and HODLing at an all-time high, market participants eagerly
anticipate its next move in this dynamic and ever-evolving cycle.
The Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Cycle: Same But Different
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s current cycle exhibits familiar patterns from past bull runs,
particularly the halving year that historically sets the stage for a new
rally. As has been the case in previous cycles, the reduction in miner rewards
through halving tends to decrease the rate of new supply entering the market,
creating upward pressure on price.
However, this cycle shows key differences. BTC has become a globally accepted
asset, gaining more mainstream attention and capturing new investors from
diverse backgrounds. More importantly, many of these new investors are
adopting a long-term holding strategy, a trend that has become more pronounced
across all investor cohorts.
Key data from Axel Adler , a renowned CryptoQuant analyst, sheds light on
these shifts. Since the start of the current bull cycle, Adler has highlighted
a notable trend: the average age of VTC coins is steadily increasing on a
yearly (365-day) scale, indicated by a blue arrow in the analysis. Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin
Dynamics of Average Coin Age | Source: Axel Adler on X
This signals that more and more coins are being held for extended periods,
suggesting a strong HODLing sentiment in the market. Additionally, a
short-term (30-day) trend also shows a higher propensity to hold coins,
indicating that short-term holders are less inclined to sell.
Related Reading: Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Dominance Breakdown Confirmed – The Next Altseason Is
Right Around The Corner
This shift toward HODLing is a bullish factor for BTC, as it reduces the
circulation of young coins—coins that are more likely to be sold
during price rallies. With fewer coins in active circulation, selling pressure
diminishes, further solidifying Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s upward potential in the coming
months.
BTC Price Testing Liquidity
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin is currently range-bound between crucial demand levels, with support
around $92,000 and resistance near the $100,000 mark. The market is awaiting a
decisive move, as BTC’s price action remains stuck between these two key
levels.
To put it simply, if BTC trades above $100,000, the outlook is bullish,
signaling potential for further gains. On the other hand, if it drops below
$92,000, the market would lean bearish, suggesting a deeper pullback. In this
range, there is room for indecision, with price fluctuations between these
levels likely to continue in the short term. BTC range-bound between $100K and
$92K | Source: BTCUSDT chart on TradingView
If BTC manages to hold above $95,000 in the coming days, this would be an
encouraging sign for bulls, indicating that BTC could be gearing up for a
challenge to the $100,000 level. A sustained push above $100,000 would signal
strong bullish momentum, potentially driving BTC into new all-time highs.
Related Reading: Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Supply Held By STH Hits Highest Level In 40 Months –
Top Signal Or Trend Shift?
Conversely, any sustained move below $92,000 would suggest weakness and open
the door to further downside. The next few days are crucial in determining
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin s short-term direction, and the $95,000-$100,000 range will be
closely watched for any breakout signals.
Featured image from Dall-E, chart from TradingView
