How_to_onchain
The realized price of 3–6 month holders serves as a support zone for Bitcoin’s price.
At the moment, the average purchase price zone of 3–6 month holders is acting as a support area for Bitcoin’s price. In addition, the correction in gold that began last week coincided with new inflows of stablecoins into exchanges. There was also a surge in BTC inflows to accumulating wallets, all of which may indicate a potential rotation of capital into riskier assets. Large wallets have currently slowed their distribution, while the net flow into spot ETFs has turned positive after a week of decline, which may suggest a possible shift in sentiment. The realized price zone of 3–6 month holders at 109,600 currently serves as support. This week, on Wednesday, the FOMC will announce the Fed’s decision on the key rate. Against the backdrop of strong macro data, a policy easing is expected. On Thursday, Trump and Xi will meet in China, which could potentially lead to a trade agreement. If October closes above 109,600, there is a strong chance that a new all-time high in Bitcoin may be seen in the near future.