Bitcoin has moved back above its 50-day moving average and the average cost basis of short-term holders, two indicators used to assess the market's near-term direction. Crypto Briefing said the move can return recent buyers to profit, reduce fear-driven selling and improve the chances of further gains. Falling below the short-term holder cost basis can deepen losses and increase panic-selling risk, while trading above it may encourage investors to keep holding or buy more. A similar pattern appeared in May, when Bitcoin rose after breaking above the short-term holder average entry price of around $79,000.