Data: $98,000 is the key threshold for BTC's recent rebound breakthrough

ChainCatcher news, glassnode posted on X platform stating that the STH-NUPL indicator (which measures the ratio of unrealized profit and loss of new investors relative to the market value held by short-term holders) shows that since 2025, new investors have consistently been in a net unrealized loss state.

Analysis points out that for this group to return to a net profit state, the price of bitcoin needs to rebound to above approximately $98,000. This data reflects the current short-term market pressure, and the recovery of profitability for short-term investors still depends on bitcoin price stabilization and breaking through key resistance levels.