CoinVoice has learned that analyst Darkfost, combining on-chain indicator information, stated that although Bitcoin has rebounded strongly in the short term and broke through $97,000, short-term holders (STH) seem to be more inclined to take profits.

During Bitcoin's breakthrough of $97,000 yesterday, over 40,000 Bitcoins in profit were sent to CEX. Darkfost indicated that STHs are still evidently affected by recent adjustments and seem to require more upward room and stronger confirmation to rebuild confidence and generate enough unrealized profits, thereby encouraging them to hold rather than sell.