Bitcoin Breaks Above STH Realized Price For The First Time In Weeks – What’s Next?

Bitcoin is showing early signs of strength as it attempts to reclaim the $115,000 ￰0￱ weeks of mixed sentiment and heavy selling pressure, momentum appears to be turning slightly ￰1￱ recent weekly close above $114,500 has confirmed a reclaim of the Short-Term Holder (STH) Realized Price, a key on-chain threshold currently sitting near $113,000. This metric represents the average cost basis of recent market participants and often serves as a pivotal line separating bullish from bearish ￰2￱ Reading: Bitcoin Supply In Profit Rises To 83.6% – Market Momentum Building Again Top analyst Darkfost shared that this reclaim is an encouraging signal, reflecting renewed buyer confidence after a volatile October.

However, he also cautioned that Bitcoin’s position must still be monitored closely. A rejection at current levels could lead to a renewed correction phase, mirroring the pattern seen in 2024, when BTC faced multiple failed attempts before regaining upward ￰3￱ now, the market sits at a delicate crossroads — consolidating below resistance while holding critical on-chain ￰4￱ Bitcoin can sustain this structure and push convincingly above $115K, analysts believe it could open the door for a broader bullish continuation and potentially a retest of the $120K region in the weeks ￰5￱ Holds Above Key On-Chain Level According to top analyst Darkfost, Bitcoin’s reclaim of the Short-Term Holder (STH) Realized Price around $113,000 could mark a crucial turning point for market ￰6￱ notes that during the 2024 correction, BTC faced four failed attempts to break above this same ￰7￱ rejection was driven by short-term holders selling at their break-even points — a typical psychological reaction that delays trend ￰8￱ Bitcoin finally sustained above the STH Realized Price, however, the market quickly regained momentum and entered a new expansion ￰9￱ time, the dynamic appears ￰10￱ Bitcoin successfully consolidates above this zone, it could pave the way for a strong bullish impulse and potentially a new all-time high (ATH) in the short ￰11￱ STH Realized Price acts as a measure of conviction among recent investors; holding above it suggests growing confidence and a shift from capitulation to ￰12￱ also highlights another critical observation: throughout the current bull cycle, Bitcoin has never fallen below the yearly STH Realized ￰13￱ time the price neared that level, a rebound followed — reaffirming it as a structural support for the broader trend.

Still, caution remains essential. A breakdown below the $94,000 mark — the current yearly STH Realized Price — would likely signal a deeper market ￰14￱ a move could mark the transition from a mid-cycle correction into a more prolonged bearish ￰15￱ now, the data suggests resilience, not ￰16￱ long as BTC remains above its short-term realized threshold, the broader uptrend remains intact — with potential for the next major rally if buying pressure continues to build above $115K. Related Reading: Digital Yen Goes Live: JPYC EX Integrates Traditional Finance With DeFi BTC Bulls Defend Key Support While Momentum Cools Bitcoin is currently trading around $114,360, consolidating after a brief rally that tested resistance near $115,800–$117,500.

The chart shows that BTC successfully reclaimed the 200-period moving average (red line) on the 4-hour timeframe, a level that had acted as resistance throughout ￰17￱ reclaim is an encouraging short-term signal, but momentum appears to be slowing as traders await the next ￰18￱ $113,000–$114,000 range now serves as immediate support — aligning with the Short-Term Holder (STH) Realized Price, a key on-chain level that reflects the cost basis of recent ￰19￱ this zone could allow bulls to consolidate strength before another attempt at breaking above $117,500, the main horizontal resistance that capped previous ￰20￱ Reading: Ethereum OG Drives $500M Liquidity Flow Into ConcreteXYZ & Stable Vaults – Details On the downside, failure to maintain above the 200-MA could trigger a retest of $111,000, where the 100-MA (green line) provides secondary ￰21￱ volume remains subdued, reflecting investor caution ahead of the Federal Reserve’s interest rate decision later this ￰22￱ remains in a constructive phase as long as it holds above $113K.

Sustained consolidation above this level would reinforce bullish structure — while a decisive break above $117,500 could open the path toward $120,000+ in the short ￰23￱ image from ChatGPT, chart from ￰24￱