Bitcoin STH Holds Steady: No Panic Amid Middle East Conflict – Details

Bitcoin short-term holders showed muted response to US-Israel strikes on Iran, with no panic selling despite the geopolitical event that historically triggers sell-offs. This suggests seller exhaustion and potential market stabilization after major capitulation in early February when 89,000 BTC were sent to exchanges at a loss.

• →Bitcoin short-term holders (STH) did not panic sell during US-Israel strikes on Iran, showing subdued exchange inflows.
• →This contrasts with February 5-6 capitulation when STH sent 89,000 BTC to exchanges at a loss within 24 hours.
• →The muted response suggests seller exhaustion and exit of weak hands from the market.
• →Bitcoin is trading at $67,007 with 4.41% daily gains, remaining within $60,000-$70,000 range.
• →Continued STH stability could indicate market stabilization phase that historically precedes bullish recovery.