The Simplest Way to Distinguish Between Uptrend and Downtrend 🔍

Look at the STH cost basis line of $BTC! 🚀

This line? Kind of magical. Glassnode stats show it's been a pretty reliable separator between up and down markets throughout Bitcoin's wild history. Not perfect, but weirdly consistent.

STH cost basis for $BTC is now at 106K. Bitcoin still trades above it. 🔥 Good sign. Seems we're still in uptrend territory even with all the recent price drama.

It's a surprisingly simple tool. When BTC stays above the STH cost basis, bull vibes usually stick around. Falls below? Things get dicey. Bear territory looms.

The 2025 market feels tricky. Getting trend direction right matters big time. Breakout or pullback entries - whatever your style - this baseline gives you context. Not complete certainty, obviously. But helpful. 🌕

I find it fascinating how something this straightforward works so well. No fancy math needed. No indicator soup. Just one line that's been separating the bulls from the bears for years now. Not entirely clear why it works so consistently, but it does.