Trader Killa: BTC short-term holder supply hits 'overheated' level, market structure mirrors 2023 bottom
- —Killa: BTC short-term holder supply has reached an 'overheated' level
- —Market structure mirrors the post-macro-bottom phase of 2023
- —In 2023, BTC continued higher on HTF trends after a similar peak
- —Trader warns against relying on the Fear and Greed Index for trend direction
Why it matters: A potential bottom signal: if the 2023 pattern repeats, BTC could keep rising despite short-term sentiment.
Source: PANews