Analysis: The discount for short-term Bitcoin holders narrows, the market warms up but risk appetite has not yet been unleashed

Deep Tide TechFlow News, April 24, according to on-chain analyst Axel Adler Jr (@AxelAdlerJr) monitoring, the discount for short-term holders (STH) of Bitcoin has narrowed from -21.6% to -5.7%, and the 7-day moving average of STH-SOPR has rebounded above 1.0, indicating that short-term sellers are no longer clearly at a loss. However, the current price is still below the $83,000 cost basis, and the market has not yet entered a true risk appetite phase.

BTC-0,09%
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