Analyst: "Average Holding Cost for BTC Held <3 Months" Once Again Becomes Support Level During Bitcoin Pullback
BlockBeats News, August 23rd, On-chain data analyst Murphy posted on social media yesterday, stating that the market's concern about Powell's speech led to an early reaction, dropping to $112,000 before the speech. This price happened to be the average cost basis of "BTC held for less than 3 months."
Murphy further explained that BTC held for less than 3 months represents a significant portion of short-term chips and is the most active part. The emotions of these new investors are also the most easily swayed. When the price falls below the cost line and paper gains turn into paper losses, significant psychological pressure arises, causing the market sentiment to shift from optimistic to pessimistic. This cost line happens to be at $112,000; the support comes from the fact that when these short-term investors are close to breakeven, they are unwilling to sell more chips, overall reducing selling pressure. At least they have not completely lost confidence in the future, so the emotional judgment should be only anxiety rather than panic.
Możesz również polubić
Zyskujące
Najnowsze wiadomości kryptowalutowe
Spółka Enlivex Therapeutics, notowana na NASDAQ, planuje zebrać 212 milionów dolarów na utworzenie skarbca tokenów RAIN.
Były "Top BTC Long on Hyperliquid" kupił dip na BTC i ETH, ale poniósł duże straty. Niedawno wycofały się i opuściły rynek.
Circle: Produkty takie jak USDC, CCTP i Circle Wallets zostały uruchomione w sieci Monad
NABE Annual Survey: Amerykańska gospodarka w przyszłym roku nieco przyspieszy, ale inflacja może pozostać podwyższona
A Whale Address zgłosił się do likwidacji 2189 BTC w ciągu trzech tygodni spania, zyskując 60,22 mln $
Obsługa klienta:@weikecs
Współpraca biznesowa:@weikecs
Quant trading i MM:[email protected]
Usługi VIP:[email protected]