Short-Term Holder Net Position Change

Short-Term Holder Net Position Change is used to track the change in the number of BTC held for less than 155 days in the past month. A positive value indicates a net increase, and a negative value indicates a net decrease.

This indicator can be used as an auxiliary indicator for judging the bottom range of the market, that is, using other indicators to judge that the market is close to the bottom range, At the same time, the indicator has a large positive value, indicating that the current price is very attractive, and the price trend may change.