Analyst: As the Bitcoin LTH/STH holdings ratio continues to rise, a one-sided pump may be approaching.

ChainCatcher news, CryptoQuant analyst Axel posted on social media that during the three significant rise events of Bitcoin in this bull run, long-term holders (LTH) consistently increased their holdings before the price surged. The phenomenon first appeared near the $28,000 mark: the ratio of Long-Term Holders (LTH) to Short-Term Holders (STH) increased over 1-2 months, ultimately driving the price to break through to $60,000. The second similar accumulation occurred during the $60,000 consolidation phase, and this wave of accumulation provided the momentum for the subsequent rise to $100,000. Currently at the key price level of 100,000 dollars, we have once again observed a continuous increase in the LTH/STH holder ratio: this accumulation phase may last for 4-8 weeks. Referring to the patterns of the previous two cycles, there is a high probability of a strong pump afterward. If we use a more conservative 1.6x multiplier for estimation, the target range for the next rise will point to 160,000 dollars.