CryptoQuant: BTC is currently approaching the $104000 range, and the overall trend remains bullish

According to CryptoQuant analyst Abramhart, Bitcoin long-term holders (LTH) are still in a stable profit range (NUPL above 0.5), demonstrating strong holding beliefs and willingness. Short term holders (STH) fluctuate around lower profit levels, indicating that there may be some selling or short-term pressure during price increases. At present, the price of Bitcoin is close to the $104000 range, mainly supported by the confidence of long-term holders. The overall trend is still bullish, but short-term holders may trigger temporary downward pressure.