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Maryama 🎩 ðŸŽ
@maryama
This chart shows that the price of Bitcoin is close to the realized price of short-term holders. This means that the profit margin is low, although these investors are currently still in the profit. Therefore, it is possible that if Bitcoin continues its recent downtrend, a retest of the group's cost-average basis is imminent
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MareðŸŽ
@ezabel
Traders and analysts might use this information for technical analysis and decision-making, such as setting entry or exit points based on historical price data and trends.
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