Glassnode: Short-term holders are still making profits, and market momentum is gradually recovering

ChainCatcher news, according to Glassnode data, the Bitcoin price has limited retracement and currently remains above the 1-month realized price of $105,100. The realized prices for other different time periods are: $105,600 for 24 hours, $106,300 for 1 week, $101,200 for 3 months, and $98,100 for 6 months.

Data shows that all short-term holder groups are currently still in profit, indicating that market momentum is improving. The Bitcoin price staying above the short-term realized price is generally seen as a sign of market health, suggesting that short-term investors are not facing strong selling pressure.