Bitcoin’s Realized Price is a powerful on-chain metric, reflecting the average acquisition cost of coins currently in circulation. For Short-Term Holders (STH)—those who’ve held BTC for less than six months—it functions as a key signal for potential support or breakdown levels during volatile market conditions.
According to analyst from CryptoQuant, short-term holders are often the fastest to react during price swings, making the STH Realized Price a vital area to monitor.
BTC Hovers Near $103.3K STH Realized Price With Weak Demand
Bitcoin is currently trading around $104K, about 7% below its $111K all-time high. It’s hovering just above the $103.3K realized price for coins held between 1 week and 1 month. Despite the proximity to this key level, the buying response has been relatively weak—hinting at tentative sentiment among short-term investors.
Weighted Cost Basis at $96.1K Holds Crucial Technical Significance
One of the most important zones to monitor, according to the report, lies near $96.1K—the weighted average STH cost basis, adjusted by Realized Cap proportions. This range also acted as a consolidation base in late 2024 and again in April 2025, indicating strong historical trading interest.
The chart shared by the analyst outlines several realized price bands:
- 1w–1m: $103.3K
- 1m–3m: $86K
- 3m–6m: $98K
- 6m–12m (LTH crossover): Lower boundary support
Support at $96K–$97K is Critical in Case of a Pullback
Should Bitcoin see a deeper correction, all eyes will turn to the $96K–$97K zone. A decisive drop below this range could break key support and introduce greater risk-off sentiment—particularly among short-term holders already facing unrealized losses.
Holding above this zone, however, could reinforce confidence and attract renewed accumulation, particularly if short-term realized prices stabilize.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/market/which-bitcoin-zone-could-trigger-a-breakdown/