Pricing Pricediscovery Last Pricediscovery Last
Bitcoin
STH Price Discovery Price Models frame price around short-term-holder cost-basis levels where new demand is discovered.
Why it matters
They map the zones where recent-buyer behaviour sets local price discovery.
How it is built
Short-term-holder realized price and its deviation bands are plotted as price-discovery reference levels.
What to watch
Reclaiming these levels signals healthy demand and price discovery; losing them signals short-term-holder capitulation.
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