Short-term Bitcoin holders achieved floating profits for the first time in the past six months, indicating that Bitcoin will rise or encounter obstacles

According to crypto analyst Darkfost, the 30-day moving average of Bitcoin Short-Term Holders (STH) SOPR turned positive for the first time in the past six months, indicating that STH is on average break-even or slightly profitable. Historical data shows that this situation is often used as a resistance level in bear markets, and holders are prone to fleeing due to lack of confidence.