STH Down 3%: $100K Level to Become a Wall of Resistance

BTC price is below the average purchase price of short-term investors, putting them at a loss. Both charts show the same picture: when price approaches the STH breakeven point, the market will face a wave of sellers looking to exit at zero. source: https://axeladlerjr.com/sth-down-3-100k-level-to-become-a-wall-of-resistance/