Analysis: Bitcoin short-term holders have been profitable for 30 consecutive days, strengthening bull market reversal signals.

BlockBeats news, September 15 - CryptoQuant posted that Bitcoin short-term holders (STH) have been in a state of partial profit for 30 consecutive days, marking the longest consecutive profitable period since 2026, indicating that bullish signals in the market are strengthening.

Data shows that as of September 15, the value of profitable coins held by STHs is approximately $168.2 billion, while loss-making coins are approximately $102.6 billion. CryptoQuant pointed out that short-term holders continuously maintaining profitability is an important signal in Bitcoin's history of the bear market ending and the market re-entering a long-term upward trend, similar situations also appeared at the end of the 2022 bear market.

At the same time, Bitcoin's overall investor group has continued to maintain net profitability since August 19. The current cost basis for 1 to 3 month holders is approximately $63,372, and the cost basis for 3 to 6 month holders is approximately $73,190.

CryptoQuant believes that if short-term holders can continue to lock in profits and continue holding, the probability of Bitcoin's current market reversing toward a long-term bull market trend will further increase.