Glassnode: BTC price is about 7% higher than short-term holder cost price. If it is lower than this level, it indicates a weakening of new investor sentiment

--

Odaily Planet Daily News: Glassnode published an article on X platform stating that the Short Term Holder (STH) cost model of Bitcoin is crucial for measuring the sentiment of new investors. From a historical perspective, this model tracks market lows during bull market cycles and distinguishes between bull and bear markets. At present, the BTC price is about 7% higher than the STH cost price ($88135). If the price remains stable below that level, it may indicate that the sentiment of new investors is weakening - this is usually a turning point in the market trend

24/7 Flashes

More >
Today 2026-01-09
04:11

韩国拟对遭黑客攻击的加密交易所实施最高被盗金额10%罚款

04:08

Michael Saylor explains why the world should buy Bitcoin

03:20

以太坊第172次共识层开发者会议完成多项讨论

02:57

Trump claims that the United States has obtained billions of dollars worth of oil from Venezuela

02:42

伊朗因反政府抗议实施全国断网 网络流量几近归零