Risk Indicator Update:

$BTC just clawed its way back into the ~$79K–80K zone after that brutal flush toward ~$74K, but price is still sitting below the Short-Term Holder cost basis around ~$83K–84K.

That level matters because it represents the average entry for newer market participants, and historically it tends to become a major resistance area during weaker market phases.

Right now, $BTC is testing that zone again.

So the big question is:

Do we finally reclaim the ~$84K STH cost basis and turn it into solid support, or is this simply a temporary relief rally before the market sees another leg lower?