On-chain data tells an interesting story. On January 15th, when Bitcoin strongly broke through the $97,000 mark, the market seemed hot, but a detail revealed the truth — over 40,000 Bitcoins in profit flooded into trading platforms.



What does this indicate? Short-term holders are taking profits, and this action is quite decisive. Analysts point out that they are still scared by recent adjustments, showing a clear lack of confidence. In other words, as long as the upward movement isn't large enough and the confirmation signals aren't strong enough, these people prefer to lock in gains rather than risk holding on.

To change their selling attitude, more upward space is needed to accumulate enough unrealized profits, along with strong market confirmation to rebuild their confidence in holding. At present, it seems this condition has not been fully met.
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AltcoinTherapistvip
· 5h ago
Short-term holders' moves this time are really impressive; even at 97k, they still want to sell. No one has more guts than that.
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NeverVoteOnDAOvip
· 5h ago
97K breakthrough is still running? These short-term traders are really impatient. --- Brothers, you're still too timid. You sell at the slightest rise, no wonder you can never make big money. --- It's the same pattern again: as long as there's no stronger see confirmation, you keep cutting, cycle repeats. --- Basically, it's lack of faith. Just waiting, the real market trend is still ahead. --- 4 million coins flooding into the exchange... what does this data indicate? Retail investors' mentality has always been like this. --- A typical short-term mindset: not catching the gains, but getting hammered and doubting life. --- Not aggressive enough with confirmation, huh? Then just keep waiting; I'm not in a hurry anyway. --- It's always like this: every time there's a little fluctuation, the market explodes. Speechless.
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CryptoCross-TalkClubvip
· 5h ago
Laughing to death, this is called the "High-level Cutting Loss Art Performance," with 40,000 Bitcoins running away together, the scene is comparable to Spring Festival travel rush. The short-term panic index for leek farmers is at its maximum; no matter how sharply it rises, it can't withstand such a fragile psychological defense line. I would call this move the "Great Victory Escape." Instead of seeing a rush to exit after 97k was dumped, I find it so familiar. The last time this happened was at the end of last year's bull market haha. Wait, are you still waiting for the market to confirm? I tell you, the market is just like an old fox that both absorbs funds and backstabs at the same time. Honestly, what’s missing now is a real breakout signal; otherwise, these people might run again.
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AirdropHunterWangvip
· 5h ago
40,000 tokens dumped, these guys are really cowardly.
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zkNoobvip
· 5h ago
Short-term players are really getting impatient. They run at the first sign of a rise, making their confidence quite fragile.
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