Opinion: Bitcoin Short-Term Holders Realized Price Mimics Bull Market Support Indicator, With Breakdowns Often Leading to Pullbacks

BlockBeats News, September 16th, glassnode stated in a post that in a cryptocurrency bull market, Bitcoin's (BTC) short-term holders' realized price has actually served as a support baseline. As long as the price stays above this level, the overall trend remains bullish; once this support is broken, it often signals a market contraction or pullback phase.