Bitcoin’s Crossroads: Long-Term Calm Amid Short-Term Uncertainty

Recent data reveals a notable contrast in Bitcoin investor sentiment. Long-term holders (LTHs) remain confident, enjoying strong unrealized gains despite the market cooling near $110,000. In contrast, many short-term participants entered late in the rally and are currently facing unrealized losses – a situation often witnessed during market cycles as the balance shifts between long-term and short-term strategies.