CryptoQuant: Bitcoin long-term holder metric returns to profit
- —The 6M–10Y long-term holder cohort has returned to aggregate profit
- —The stress indicator fell below 1.0, exiting a shallow stress zone
- —The reading is based on CryptoQuant's MVRV metric
- —BTC is testing resistance in the $64,000–65,000 range
Why it matters: Long-term holders returning to profit has historically preceded shifts in market sentiment and could help BTC break through resistance.
Source: Coinfomania