Bitcoin (BTC) Short-Term Holders’ Realized Price Serves as Bull Market Support — Glassnode Warns Break May Trigger Pullback

On September 16, COINOTAG reported that analytics firm Glassnode noted the short-term holders’ realized price has historically functioned as a practical support baseline for Bitcoin (BTC) during crypto bull markets. On-chain evidence indicates that while BTC’s spot price remains above this realized-price band, the broader trend tends to stay bullish; a decisive breach of that level has commonly accompanied periods of market contraction or measured pullbacks. Market participants and risk managers reference this metric to calibrate position sizing and downside exposure, treating it as a risk-management input rather than a precision timing indicator.