A key on-chain signal is flashing for Bitcoin.
Short-term holders (STH) have shifted from realizing losses to taking profits. Late buyers are finally getting liquidity and are selling into strength.
What history shows:
⚠️ Spikes in STH profits usually appear near local trend exhaustion, not at the start of a new impulsive rally.
Market impact:
📉 Rising profit-taking pressure
⏸️ Momentum may slow or consolidate
🔍 Price reaction at key levels becomes critical
Simple takeaway:
This doesn’t mean the bull trend is over, but it does signal caution in the short term.
Watch how price behaves around support and resistance — that will define the next move.
