Bitcoin's Short-Term Holders Boost Market Confidence Amid Price Surge

According to PANews, cryptocurrency analysts have observed that short-term Bitcoin holders are increasing their purchases during price surges, while long-term holders continue to accumulate, setting a 'bullish tone' for the year. IT Tech noted that short-term holders, defined as those holding Bitcoin for less than 155 days, appear more confident in buying during market upswings, leading to a more optimistic outlook for Bitcoin's price over the next 12 months. This behavior suggests that short-term holders are entering the market due to a fear of missing out, laying a bullish foundation for 2025. Meanwhile, occasional selling by long-term holders should not be a concern, as it can create healthy pullbacks and opportunities for new accumulation. Another analysis by CryptoQuant contributor 'Crazzyblockk' on January 24 highlighted that long-term holders have largely avoided mass selling, maintaining a strong HODLing sentiment despite current market volatility.