
You may have only two months to decide. The red line in the chart represents the STH-RP (Short-Term Holder Cost Line), and the green line represents the TMMP (True Market Mean Price). When the red line is above the green line, it signals a bull market; conversely, when the red line is below the green line, it signals a bear market. Currently, the STH-RP is around $74,500, and the BTC price is above it. This means any asset turnover at this level will push the average cost higher, as the STH-RP is slowly but steadily climbing upward. Unless the BTC price falls below the STH-RP, the upward trend of the cost average will not change. Over the past month, the STH-RP has grown by 4.6%, while the TMMP is around $77,500. This means that, at the current pace, the STH-RP will surpass the TMMP in 30 days. If we account for a period of price consolidation and slower asset turnover, you may reasonably extend this timeline to two months. In summary, for those still unsure whether this is a bull or bear market—or those with extreme price sensitivity who haven’t yet mustered the courage to enter— the market has still granted you one to two months to carefully consider your decision (unless another black swan event occurs). Use this window wisely—opportunity won’t wait. The next time the STH-RP surpasses the TMMP may be over 1,000 days away.
