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Viewpoint: Bitcoin short-term holders realize the price as a benchmark support indicator for bull market, and if it falls below, it will always be accompanied by a pullback.

Source: BlockBeats
According to BlockBeats, on September 16, glassnode issued a statement saying that in the cryptocurrency bull market, the realization price of Bitcoin (BTC) short-term holders actually plays a supporting benchmark. As long as the price remains above this level, the overall trend remains bullish; once it falls below this support, it will often be accompanied by the market contraction or correction phase.
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