2026-01-06 14:30:26

The short-term investors' average cost basis in Bitcoin is currently around $98,800. The price level and the STH (small processor) average cost are gradually converging. When these two indicators align, it will mark a critical turning point for the market. The decision time will come then. If this zone is not convincingly surpassed, the price movement could face a difficult period.

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RektButSmiling

· 01-06 22:19

98.8k is really a tough level; short-term chips and STH costs are almost at the same level. Either break through or explode.

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MEVvictim

· 01-06 15:00

98.8k is indeed a critical point; in the short term, retail investors are all trapped here.

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ProbablyNothing

· 01-06 14:59

Damn, the 98.8k level is really a bit tense.

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DaoGovernanceOfficer

· 01-06 14:59

empirically speaking, the convergence of STH cost basis with current price is basically textbook support/resistance mechanics. data suggests we're looking at a genuine inflection point here, not the "vibes" kind ppl keep tweeting about lol

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OnlyOnMainnet

· 01-06 14:48

9.88 million at this level is really crucial; it depends on whether it can break through.

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MevHunter

· 01-06 14:38

The 98,800 price level is really a bottleneck, with short-term chips densely accumulated.

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