Svmuu News: According to Darkfost’s monitoring, the fact that short-term Bitcoinholders have been in a state of loss for an extended period is one of the more prominent market characteristics in every bear market. Data shows that the price of Bitcoin has now remained below the cost basis of short-term holders for more than nine consecutive months.Currently, the cost basis for short-term Bitcoin holders is approximately $70,700, and this level continues to act as resistance. Market movements in May reflected this pressure, as BTC rose to around $82,000 to test this area before quickly retreating.