Visual Data
Red arrow: resistance cluster at $78,000–$80,000 (confluence of Realized Price, True Market Mean Price, Active Realized Price, Investor Price, STH Realized Price).
Green arrow: structural support cluster at $45,000–$50,000 (LTH Realized Price, CVDD, Delta Price, Average Price). The current price is positioned at the level of the red arrow, testing the…
The STH Cost Basis (STHCB), a key indicator for Short-Term Holders, has sharply declined from over $100,000 in January 2026 to approximately $78,700 in May 2026. The current spot price trades below this STHCB, which recently rejected an upward test. This decline signals ongoing capitulation among recent buyers, as "weak hands" sell into dips, resetting…