Since September, long-term holders (LTHs) have sold over 843,000 BTC, while short-term holders (STHs) accumulated over 1 million BTC, indicating a shift in market dynamics. MicroStrategy and U.S.-listed ETFs each acquired around 200,000 BTC during this period. After Donald Trump's election win, Bitcoin soared from $67,000 to approximately $100,000, with a total trade volume surpassing $100 billion. Futures trading hit a peak of $120 billion, although it has since stabilized. The psychological level of $100,000 remains critical, influenced heavily by LTH sell pressures. To sustain upward momentum, LTHs need to reduce offloading or new, large buyers must enter the market to absorb available BTC. The data suggests a marked contrast between trading patterns of long-term and short-term investors, highlighting a significant shift in the Bitcoin market's controlling forces.

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