Glassnode: Some Bitcoin Short-Term Holders Realized Profits, Market Sentiment Yet to Confirm Full Bullish Reversal

BlockBeats News, April 24th, Glassnode posted that ETF inflows surged to $1.54 billion, causing Bitcoin to briefly rise above the Short-Term Holders (STH) cost basis. Nearly 5% of the supply changed hands, short positions increased, and some short-term holders took profits. This was a critical retest, but strong support above $92,900 has not been confirmed yet, indicating that the market has not fully shifted to a bullish phase.