According to a report by Decrypt, the price of Bitcoin experienced a notable surge last week, reaching as high as $97,500. Compass Point suggests further analysis is needed, specifically regarding the behavior of short-term holders, to determine potential future market movements. The report implies that the profitability of these holders could be a key indicator for assessing whether to "buy the dip."

According to a report by Decrypt, the price of Bitcoin experienced a notable surge last week, reaching as high as $97,500. Compass Point suggests further analysis is needed, specifically regarding the behavior of short-term holders, to determine potential future market movements. The report implies that the profitability of these holders could be a key indicator for assessing whether to "buy the dip."