Phyrex|Sep 17, 2026 09:44
Haven’t checked Bitcoin data for a while recently. Finally, the Fed’s interest rate meeting is over. This morning, I went through all my key data. To be honest, I’m not feeling super optimistic. Right now, the market has some disagreements about bitcoin:native.
The simplest example: even among long-term holders, there’s a completely different state between investors holding for six months versus one year, especially after Bitcoin’s price exceeded $70,000.
From the data, you can see that investors holding for around six months are slowly reducing their positions at this stage, while BTC held for over a year without being moved is actually increasing.
There’s actually a lot more data to pair with this. Some of it is good, some bad, but it’s hard to directly translate any of it into buying momentum. Many friends feel like it can drop even more when it’s falling, and go even higher when it’s rising.
As for me, buying the dips and gradually building a position is the better approach.
@Gate Crypto, US stocks, Hong Kong stocks, Korean stocks, gold, CFDs, prediction markets—all-in-one trading platform.
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