币界网报道：Bitcoin's recent rally has slowed as short-term holders begin taking profits, according to market data. On-chain analytics show a significant increase in BTC movements from wallets holding coins for less than 155 days, typically indicating profit-taking behavior. The cryptocurrency had surged over 20% in the past month before encountering resistance near $45,000. Analysts note that while long-term holders remain steadfast, the current price level appears to be triggering profit-taking among newer investors. This activity coincides with reduced exchange inflows compared to previous rallies, suggesting more measured selling pressure. The market now watches whether Bitcoin can consolidate above $40,000 before attempting another upward move.