The next important bottom fishing area for Bitcoin has emerged! $74600 may be the key to determining whether the bull market can continue! The latest on chain data shows that Bitcoin is approaching a very noteworthy support area. Short term holder realized price (STH Realized Price): $74595! What does this number represent? Simply put, it is the estimated average cost of holding coins on the chain for short-term holders who have recently entered the market. And this cost line has played a very important role in the past Bitcoin market. Looking back at 2023, after rebounding from the bear market bottom, Bitcoin re entered the short-term holding cost line and subsequently embarked on a strong upward trend! Now, we seem to see a similar market structure again. After rebounding from its low point, Bitcoin has re entered the short-term holder cost line, which is currently at around $74600. If BTC falls back to this area again and successfully holds its support, there is a chance to form a new higher low! This will be a very important signal for the medium-term bullish structure. But I want to emphasize in particular: 74600 US dollars is not a guaranteed price that will not fall below, let alone a position where one must blindly buy at the bottom. What I really want to see is: Clear acceptance after price backtesting short-term holder cost line Enhanced spot buying, rather than relying solely on leverage rebound A pullback forms a higher low point and breaks through the upper pressure again If these conditions gradually hold, I will have more confidence that this correction is a healthy correction in the bullish trend. On the other hand, if BTC effectively falls below this cost line and cannot recover for a long time, the market structure must be reassessed. What really matters is not predicting the lowest point, but confirming whether the market is willing to repurchase in key cost areas! In 2023, the short-term holding cost line was once an important signal of market strength. Will $74600 once again become the starting point for Bitcoin's next upward trend in 2026? I will closely monitor this location. Do you think BTC will give us another opportunity to add positions around $74600? Responsible for analyzing with position.