Key Takeaways:
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Short -term Bitcoin holders sell 15,000 BTCs in loss throughout the week.
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Onchain data suggests a Bitcoin price under the $ 97,000- $ 94,000 zone.
Bitcoin (Btc) is experiencing a relatively covered week, as the armed conflict between Israel and Iran and uncertainty leads to the FOMC that led to investors and merchants to remain sidelined. Despite the quiet market, the onchain data from Cryptoquant revealed a well-known development, which saw more than 15,000 BTC held by short-term holders (STHS) who moved to a loss this week.
According to Glassnode data, 959 BTC was transferred to loss exchanges on Monday, which rose to 16,700 BTC on Wednesday and at the same time falling on the BTC price to $ 103,500 from $ 106,500. This activity emphasizes a familiar pattern of behavior in which STHs, often called “weak hands,” tend to panic-sell during price collapse, often realizing losses.
This sale’s behavior represents the increased STH activity during market dips. When these weak hands come out of their positions, coins often move to long-term holders (LTHs), or “strong hands,” which contributes to market stabilization and a more resilient price base.
Noteworthy, the general supply held by the STHS has refused, especially compliance with significant drawdowns. The gradual reduction in the weak sale of pressure will open up opportunities for accumulation and may indicate the occurrence of a floor price.
Additional insights can be drawn from the chart of changing the position of the net-lth net, which shows the aggressive sale of STHs in the last month. Noteworthy, most of this sale is absorbed by the LTHS, a dynamic -new that is likely to play a key role in maintaining the BTC price above the $ 100,000 mark.
Related: Here when Bitcoin analysts expect new BTC price volatility
Bitcoin in a “blind spot,” requires consumer demand
Bitcoin currently navigates a “blind spot” on the market, according to a Data analysis Platform, Swissblock. The data shows a continuous negative volume of the Delta area since June 2025, the sale pressure signing despite a recent price rebound driven by low purchase volume. While the downside pressure is easing, it suggests an extension of the DIP before a significant breakout, depending on the changed demand.
Considering a short-term sinking occurs before a rally, the Bitcoin Onchain cost-basis For short -term holders outline a support range between $ 97,000 and $ 94,000. This range may be the local bottom, adjusting key levels to under $ 100,000 and re-test a fair value interval (FVG) and daily order block between the above levels.
Related: Bitcoin Metric Volume suggests ‘$ 130k- $ 135k BTC will happen’ in the summer
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
