Yello, PrivateParadiseClub Members! 😎 Do you know that short term holders are actively engaged in profit-taking activity? Let’s break down the latest market behavior and what it means for Bitcoin:

💎Short term holders (STHs) are still actively selling their coins at significant profits. If demand also begins to weaken this profit-taking activity could trigger a local correction and a price pullback. However, if Bitcoin experiences a price drop, STH selling pressure is likely to ease, as selling at a loss during a bull market is rarely a wise move.

💎What’s the view of the ParadiseTeam Professional Traders? A potential correction could allow the market to stabilize at key support levels, currently around $90K. Market liquidity has been significantly drained due to short term holders’ profit taking and funding rates are even flipping negative despite the ongoing bull market. Your focus should be on the fresh demand and decreased STH selling activity to enter the market.

Stay focused, patient, and disciplined Paradisers🥂

Want More Actionable and Exclusive Insights? 👉 GO PRIVATE🥂

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