The Bitcoin price rise to $87,000 created contrasting profitability outcomes between investors in the market.

The Bitcoin market has reversed the losses experienced by new investors (BTC holders less than one month) who now achieve +3.73% profits but Short-Term Holders

The Bitcoin (BTC) price rise to $87,000 has brought contrasting profitability outcomes for investors in the market, according to data.

Now, new investors (holding < 1 month) have flipped back to profit with a +3.73% realized gain, thanks to the latest price rally.

This is a short-term bullish signal as new investors typically follow sentiment-based and reactive investment styles, and their conversion to positive gain brings better short-term strength.

The market shows contrasting return patterns, which highlight the sophisticated nature of market conditions today.

Short-Term Bitcoin Holders Still in the Red

However, the Bitcoin price rally did not bring enough recovery for Short-Term Holders (STHs- those holding for less than six months) who are still reporting a -5.18% loss.

Market profitability is closely related to the $91K price level as the current realized price of Short-Term Holders remains stagnant at $91K. This market threshold serves as an emotional hurdle and technological obstacle which blocks complete price recovery for STHs.

The BTC price needs to sustainably pass $91K before Short-Term Holders will stop this latent sell pressure that emerges during market weakness. The situation raises warnings for traders who maintain expectations of continuous upward price movement.

New Investors Flip to Profit

Present market entrants from the previous month are reporting a +3.73% realized profit due to the current market surge. The profitability achieved by new investors serves as a short-term positive indicator for both market sentiment and controlling panic-driven dilemmas of recent participants.

The performance of new investors demonstrates improved short-term market strength as they follow sentiment-based and reactive investment styles. The conversion to positive gain causes market sentiment to improve while creating conditions for additional purchases.

Risk Zone Still Active

The presence of STHs in the loss zone is crucial as it shows their average purchase price point. Closing prices below this level could make short-term traders sell further quantities which leads to higher market sell activity.

Despite the market showing signs of recovery in the past month, STHs are yet to exit the loss zone which could bring more sell pressure.

The market needs to break above $91K before STHs can transform their losses into actual profits. A price rise above $91K would eliminate excess overhead economic activity, thus establishing a lasting normal price trajectory.

Conclusion

New Bitcoin holders entering the market in profit indicate bullish market trends alongside rising confidence in the asset. However, the broader trend depends on a successful breakout of the $91K resistance.

Bitcoin price needs to pass $91K to remove the present underwater selling pressure from short-term holders. Afterward, we might see a lasting and stable price surge.