Analyst: Bitcoin falls below short-term holder cost, selling to close positions risk intensifies

- Bitcoin is currently trading at $64,952, which is below the short-term holder (STH) realized price of $67,523.
- The spot price is 3.8% lower than the STH realized price, creating a gap of $2,571.
- This gap is the smallest since July 21.
- Over the past 284 days, Bitcoin has closed below the STH realized price 279 times.
- Short-term holders may start selling Bitcoin to exit at breakeven.
As of August 8, Bitcoin is trading at $64,952, which is below the average purchase price of short-term holders (STH) who have held Bitcoin for less than 155 days. The STH realized price stands at $67,523, indicating that the current spot price is 3.8% lower than this figure, creating a gap of $2,571.
This gap is noted to be the smallest since July 21, suggesting a potential trend in the market. Over the past 284 days, Bitcoin has closed below the STH realized price on 279 occasions, indicating a recurring pattern.
The current situation raises concerns that short-term holders may begin to sell their Bitcoin in order to exit at breakeven, which could further impact the market dynamics.
分析师:比特币跌破短期持有者成本,平仓风险加剧
截至8月8日,比特币交易价格为64,952美元,低于持有比特币不足155天的短期持有者(STH)的平均购买价格67,523美元。现货价格比这一数字低3.8%,形成2,571美元的差距。
这一差距被认为是自7月21日以来的最小值,暗示市场可能出现趋势。在过去的284天中,比特币有279天收盘低于STH实现价格,显示出一种反复出现的模式。
当前情况引发了对短期持有者可能开始出售比特币以实现持平退出的担忧,这可能进一步影响市场动态。