glassnode: $98,000 is the Key Threshold for BTC's Recent Recovery Breakout

Odaily News glassnode posted on platform X, stating that the STH-NUPL indicator (which measures the ratio of new investors' unrealized profit and loss relative to the market value of short-term holders) shows that new investors have been in a state of net unrealized loss since November 2025. The analysis points out that for this group to return to a state of net profit, the Bitcoin price needs to recover to approximately above $98,000.

This data reflects the current pressure in the short-term market, and the recovery of profits for short-term investors still relies on the stabilization of Bitcoin's price and a breakout above key resistance levels.