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With a price of $92,000 $BTC currently, the Long-Term Holders/LTH( Sell Risk Ratio is at its lowest level in the past year.
The last similar condition occurred when )the price was around $49,000, right after the yen carry trade trading ended. During that phase, selling pressure from LTH was minimal and served as an early signal of market stabilization.
Structurally, the low sell risk from long-term holders $BTC LTH( reflects strong confidence in Bitcoin's prospects and could serve as a foundation for healthier price movements moving forward.
Stay optimistic about Bitcoin $BTC.