Glassnode: Some Bitcoin short-term holders take profits, but it has not been confirmed that the market has completely shifted towards bullish areas

BlockBeats News: On April 24th, Glassnode reported that ETF inflows surged to $1.54 billion, and Bitcoin briefly rebounded above the Short Term Holders (STH) cost price. Nearly 5% of the supply has changed hands, with an increase in short positions and some short-term holders taking profits. This is a crucial backtesting, but the strong support of prices above $92900 has not been confirmed, and it is not yet confirmed that the market has completely turned towards the bullish zone.