Glassnode: Rising BTC short-term holder losses risk drop below $81K

On-chain analytics firm Glassnode has warned that the realized loss ratio for Bitcoin short-term holders (STH) has plummeted to 0.07x, indicating a significant contraction in liquidity and buying demand. The firm noted that if this metric remains at low levels for an extended period, it could mirror the pattern seen in the early 2022 bear market, potentially leading to a break below the $81,000 support level. For a trend reversal, Glassnode stated that BTC would need to reclaim the $100,000 to $105,000 range, which represents the STH realized price.