Bitcoin STH Whales Recover: Unrealized Profits Return

Bitcoin is consolidating around the $115,000 level as markets brace for tomorrow’s highly anticipated Federal Reserve ￰0￱ weeks of volatility, the market has entered a cautious holding phase, with traders and institutions alike waiting for clarity on the Fed’s next ￰1￱ decision to cut interest rates will set the tone for risk assets, but investors are equally focused on whether quantitative easing policies will return to the ￰2￱ outcomes could significantly reshape the macroeconomic outlook and dictate Bitcoin’s next ￰3￱ analyst Darkfost highlighted an important on-chain development that adds further context to the current ￰4￱ to his data, Short-Term Holder (STH) whales, who came under pressure during the small correction at the beginning of September, are now back in unrealized ￰5￱ correction temporarily pushed STH whales into loss territory, testing their conviction.

However, history shows that similar pullbacks have been short-lived and well-defended, often paving the way for Bitcoin to resume its upward ￰6￱ convergence of macroeconomic decisions and improving onchain health sets the stage for a decisive ￰7￱ the $115K range acting as a pivot, the Fed’s announcement could be the catalyst that determines Bitcoin’s breakout direction. Short-Term Holders Defend Critical Levels According to Darkfost, the small correction at the beginning of September placed Short-Term Holders (STH) under notable pressure, as it directly challenged their unrealized profit ￰8￱ critical area, which fluctuates around $108,000–$109,000, has become an important battleground for bulls and ￰9￱ now, STH whales continue to defend this zone successfully, preventing losses from widening and providing stability to the broader market ￰10￱ precedent supports this ￰11￱ corrections of similar nature, which briefly pushed STH whales into unrealized losses, were short-lived and ￰12￱ time, Bitcoin managed to stabilize and then resume its bullish trajectory shortly ￰13￱ pattern suggests that the current defense could again act as a springboard, reinforcing confidence among traders who view the $108K–$109K range as a structural line of defense.

However, the broader context cannot be ￰14￱ week is shaping up to be pivotal for Bitcoin and risk assets, with the Federal Reserve set to announce its interest rate decision ￰15￱ technical and on-chain signals suggest underlying strength, macroeconomic forces could introduce sharp ￰16￱ notes that tomorrow’s decision will provide much-needed clarity, potentially setting the tone for whether Bitcoin extends its rally or faces a deeper consolidation ￰17￱ Consolidates Around Key Level Bitcoin (BTC) is holding steady around $115,482, showing resilience as the market braces for tomorrow’s Federal Reserve ￰18￱ the daily chart, BTC is consolidating near a critical level after recovering from its early-September ￰19￱ is hovering just above the 50-day moving average ($114,355), which now acts as immediate support, while the 100-day average ($112,782) provides an additional safety ￰20￱ 200-day average at $102,810 remains far below, reinforcing the broader bullish structure despite short-term ￰21￱ lies in the $116,000–$117,000 zone, where BTC has faced repeated rejections in recent weeks.

A breakout above this range would likely open the door for a retest of the $123,217 resistance, a level that capped the last major ￰22￱ the downside, failure to defend the 50-day moving average could invite a pullback toward $113,000 or even $112,000. BTC is consolidating within a tightening range, awaiting macroeconomic ￰23￱ the Fed delivers the anticipated rate cut without shocking the market, Bitcoin could gain momentum for another push ￰24￱ then, sideways action and increased volatility remain the base ￰25￱ image from Dall-E, chart from TradingView