Depois de o BTC atingir 97.000 dólares, os detentores de curto prazo estão a retirar-se?

【Bit Push】Bitcoin broke through $97,000 yesterday, but there’s an interesting phenomenon behind this rally. According to on-chain data analysis, over 40,000 bitcoins in profit were transferred to exchanges during this rebound period.

What does this mean? Short-term holders (STH) are taking profits. Although the price momentum is decent, this group clearly still has some reservations. They seem to still be digesting the previous correction, and confidence hasn’t fully recovered. From a psychological perspective, these traders need to see stronger upward momentum and more clear market confirmation before they’re willing to hold on. In other words, their unrealized profits aren’t substantial enough to override their urge to sell.

This reflects that although there are bulls driving prices higher, retail investors’ risk appetite is still in a recovery phase, with everyone still in a wait-and-see and testing phase.