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TechFlow reports on January 10 that Glassnode, a blockchain data analytics platform, analyzed and pointed out that the Bitcoin short-term holder cost basis (STH Cost-Basis) of $88,000 has become a key level for assessing price trends. Analysis using the Unrealized Profit Density (URPD) indicator shows sparse trading volume below this price level, and a break below it could trigger further declines.
On-chain data analysis platform Glassnode pointed out that the Bitcoin Short-Term Holder (STH) Cost-Basis at $88,000 has become a key level for assessing price trends. Analysis using the Unrealized Profit Density (URPD) indicator shows sparse trading volume below this price level, and a break below it could trigger further declines.
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