Bitcoin STHs hit break-even: Is a BTC price bottom close?

It flipped negative, showing many recent buyers in loss — a condition often linked with local market resets. Realized Price at $53.7K and over 300 short liquidations suggested BTC stayed resilient, keeping accumulation hopes alive despite short-term stress. Bitcoin’s [BTC] Short-Term Holder Net Unrealized Profit/Loss (STH-NUPL) flipped into loss territory this week, suggesting many recent buyers held coins below the entry price.