Darkfoam: The proportion of short-term Bitcoin holders has decreased, and the market is approaching the end of a bear market

According to CryptoQuant analyst Darkfost, the proportion of short-term holders (STH) in the Bitcoin market has decreased, with 1.2% holding for less than 1 day, 2% holding for 1 day to 1 week, 5.6% holding for 1 week to 1 month, 6.7% holding for 1 to 3 months, and 8.1% holding for 3 to 6 months. Darkfost believes that the decrease in the number of STHs and the low market demand are phenomena that have occurred at the end of previous bear markets.