Bitcoin is showing signs of recovery after several days marked by selling pressure, volatility, and fear across the crypto market. Following the sharp flash crash on October 10, when BTC briefly plunged to around $103,000, the price has since rebounded and is now testing supply near the $111,000 level. This move has brought a temporary sense of relief to traders, but on-chain data suggests that the market is still under stress.

According to CryptoQuant, Short-Term Holders (STHs) — investors who typically hold Bitcoin for less than 155 days — are now selling below their cost basis, a clear sign of capitulation. Historically, such capitulation events have often marked late stages of a correction, as weak hands exit the market while stronger players accumulate.

While this could signal that

See Full Page