Price rise = safe position. Glassnode data shows: BTC is around $97,000, while short-term holder cost basis is $98,000. This means the majority of short-term traders are not yet profitable and are still waiting for break-even. The market may be rising, but the position structure is not yet fully healthy. Rising but still misplaced? This is where it's important to weigh the risks, not follow the euphoria. #Bitcoin #Glassnode #GateTradFiExperience #CryptoMarketWatch