Strong hands are stepping in.

The realized price of Bitcoin 18 month to 2 year holders is acting as support here. That is not random. That is conviction capital defending its position.

These are not short term traders. These are cycle aware holders who survived volatility and did not distribute near local highs. When price respects their cost basis, it signals structure, not weakness.

As long as we hold above this level, the broader trend remains constructive. Lose it, and momentum shifts fast.

This is a decisive zone. Watch the reaction closely.