Despite all the uncertainties in the macro landscape, cryptocurrency markets have experienced a meaningful recovery since mid-July. Bitcoin prices have reclaimed two psychologically significant levels, including the 200 WMA, Long-Term Holders’ Cost Basis (LTH-Cost Basis), and Market Averaged Cost Basis (Realized Price), briefly touching the ~24k level. {chart} Such an impulsive rally during a bear market leads many to question the sustainability of the ongoing positive momentum. This Market Pulse report aims to trace the behaviour of stakeholders with an emphasis on Long-Term Holders with ~13.337 M (79.85%) of ... (full story)