According to BlockBeats, on September 15th, CryptoQuant reported that Bitcoin short-term holders (STH) have been in partial profit for 30 consecutive days, marking the longest consecutive profit period since 2026, indicating that bullish signals in the market are strengthening.
Data shows that as of September 15, STH held approximately $168.2 billion in profitable tokens and approximately $102.6 billion in losing tokens. CryptoQuant points out that the continued profitability of short-term holders is an important signal in Bitcoin's history of ending bear markets and the market re-entering a long-term upward trend, a similar situation that occurred at the end of the 2022 bear market.
Meanwhile, the overall Bitcoin investor community has maintained a net profit since August 19th. The current cost base for holders of 1 to 3 months is approximately $63,372, and for holders of 3 to 6 months, it is approximately $73,190.
CryptoQuant believes that if short-term holders can continue to lock in profits and hold on, the probability of Bitcoin reversing its current market trend into a long-term bull market will further increase.