The amount of Bitcoin held by short-term traders has dropped to its lowest level since mid-November last year

BlockBeats News, January 14th, according to intotheblock, the amount of Bitcoin held by short-term traders has dropped to the lowest level since mid-November. This indicates a waning interest from speculative traders, while the influx of new market participants has decreased, suggesting the market is entering a consolidation phase where investors are awaiting clearer directional signals.