Retesting the Lifeline: BTC breaks below short-term holder average cost ⚠️ Quick update on a key signal today: STH-RP. As I mentioned in the quoted post below, BTC price was once again approaching STH-RP. Zooming into the lower timeframes since 9/22, BTC has tested the STH-RP a total of five times. Finally, during yesterday’s early morning dump, BTC decisively broke below STH-RP, putting some real distance between price and the line‼️ 📊 Current STH-RP sits at 111,619, slightly below spot price. It’s been less than a month since the last STH-RP test. Back on 8/29 ~ 9/01, BTC hovered around STH-RP for four days, eventually finding temporary support and bouncing back from that zone. 📈 Check out the previous update: x.com/market_beggar/status/196...… Now, with multiple bearish signals piling up, the support BTC got from STH-RP in early September wasn’t enough to kick off a new uptrend. Price is back at STH-RP again, and as of the 9/25 close, we have a confirmed breakdown. 📉 As mentioned in the quoted post below: With the major Lower Low confirmed and persistent top signals (RUP divergence, massive Realized Profit, etc.), I’ve always been conservative about STH-RP’s support strength from a macro perspective. In the short-to-mid term, I’m targeting at least 107,200 (see quoted post for details)❗️ Less than a month later, the STH-RP defense is on again. Will BTC find support at STH-RP this time? Let’s see... // 📚 Related Reading BTC Macro Strategy Framework x.com/market_beggar/status/196...… STH-RP (Short-Term Holder Realized Price) Explained x.com/market_beggar/status/188...… Cycle Top Signals: RUP 3-phase divergence & massive Realized Profit x.com/market_beggar/status/195...… // 【Shill time】 I’ve partnered with Crypto_com exchange 🥳 Crypto_com has an insanely cool feature: soft lockup. Just deposit funds into your trading account, and you’ll earn daily interest on your balance. What’s wild is—your open orders and unrealized PnL also count towards interest calculation. Basically, it’s a super efficient way to maximize your capital utility. 💰 Interested in signing up? Grab my invite link from my profile 🔗