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Analyst: Short-term holder's fear of missing out behavior lays the "bullish tone" for 2025
PANews January 25th news, according to Cointelegraph, cryptocurrency analysts say that short-term BTC holders increase their buying volume during the price pump period, while long-term holders continue to accumulate regardless, laying the foundation for a bullish tone this year. IT Tech said that BTC short-term holders (those who hold BTC for less than 155 days) seem to have more confidence in the bullish momentum in the buying market, which makes them more optimistic about the price of BTC in the next 12 months. When the BTC price pumps, short-term holders enter the market in large numbers, indicating that they are 'buying in for fear of missing out'. 'The speculative behavior of short-term holders sets a bullish tone for 2025.' At the same time, occasional selling by long-term holders should not be a cause for concern, as it can 'create healthy pullbacks and provide opportunities for new accumulations'. According to another analysis conducted by CryptoQuant contributor 'Crazzyblockk' on January 24th, long-term holders 'largely avoided massive selling, despite the current market volatility, and still strengthened strong HODLing sentiment'.