[Analysis] "Bitcoin (BTC), Short-term Holder Profitability Decline... Adjustment Likelihood ↑"
- "Bitcoin (BTC), the profit realization indicator for short-term holders has significantly decreased."
- "As the price failed to surpass the $108,000 mark, a weakening of market demand and bearish sentiment is suggested."
- "Therefore, it is analyzed that there is a high possibility of a price adjustment due to decreased demand and poor performance."
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Image=CryptoQuant
The profitability of short-term Bitcoin (BTC) holders has declined, raising the possibility of an adjustment.
On the 5th (local time), CryptoQuant author Crazzyblockk explained, "The profit realization indicator for short-term holders who have held Bitcoin for less than 155 days has significantly decreased. This is because Bitcoin failed to surpass the important price level after breaking through the $108,000 mark."
The author continued, "Generally, a decrease in the profitability of short-term Bitcoin holders suggests a weakening of market demand and a bearish sentiment in the medium to short term. Therefore, the current situation indicates a high possibility of a price adjustment due to decreased demand and poor performance."
![publisher img](/images/default_image.jpg)
Suehyeon Lee![holderBadge](/images/feed/default_bedge.png)
![holderBadge dark](/images/feed/default_bedge_dark.png)
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.PiCK News
US January ISM Non-Manufacturing PMI 52.8…"Below Expectations"
2 hours ago![US January ISM Non-Manufacturing PMI 52.8…"Below Expectations"](https://media.bloomingbit.io/prod/news/563522ed-c9ea-4341-b32b-72632f3b38dc.webp)
US January Service PMI Final at 52.9, Slightly Exceeds Market Expectations
3 hours ago![US January Service PMI Final at 52.9, Slightly Exceeds Market Expectations](https://media.bloomingbit.io/prod/news/65d9af9e-e1f4-4ea2-8f63-17fb3ac6ea6d.webp)
US Job Market Starts Strong This Year... Will Fed's 'Cautious Rate Cut' Gain Momentum?
3 hours ago![US Job Market Starts Strong This Year... Will Fed's 'Cautious Rate Cut' Gain Momentum?](https://media.bloomingbit.io/prod/news/9034b848-c301-4bc0-8305-a97f072b2938.webp)
U.S. January ADP Nonfarm Employment at 183,000... Far Exceeds Wall Street Expectations
4 hours ago![U.S. January ADP Nonfarm Employment at 183,000... Far Exceeds Wall Street Expectations](https://media.bloomingbit.io/prod/news/377ad828-d81e-46cf-be11-1059be9f700f.webp)
Today, Major Exchanges See Inflow of 130 Billion USDC... "4 Times the Average Annual Daily Inflow"
6 hours ago![Today, Major Exchanges See Inflow of 130 Billion USDC... "4 Times the Average Annual Daily Inflow"](https://media.bloomingbit.io/prod/news/88d17d34-de95-4418-a16c-bce1f0614be5.webp)