Short-Term Holder Cost Trend

The Short-Term Holder Cost Trend is used to track the holding costs of groups with holding time less than 1 month (red line), less than 3 months (yellow line), and less than 6 months (blue line).

Historically, the long or short arrangement of this indicator has guiding significance for subsequent market conditions

1) When the red line is below the yellow line and the yellow line is below the blue line, it means that the profitability of short-term investors continues to decline and the market still needs time to adjust

2) When the red line is above the yellow line and the yellow line is above the blue line, it means that there is a continuous increase in new demand to push up the cost basis, which usually brings a trend market