Bitcoin short-term holders are sitting close to breakeven territory right now. The real inflection point? If BTC punches through the $92.2k level, we'll see STH flip back into profit zone. And here's what matters—once that happens, you get a psychological lift. More confidence means more buying pressure from this cohort. History shows us something interesting: whenever STH realized prices align with current BTC price and create that golden cross setup, it typically marks a meaningful shift in momentum. The chart patterns suggest we're not far from that convergence point. Keep an eye on how the market reacts around that $92.2k resistance—it could be the catalyst that changes the narrative.