Breakout of BTC to $100,000 Becomes the Key to Easing Short Trader Selling Pressure

Based on the latest analysis from blockchain analysts, short-term investor selling pressure is currently limited without significant demand support. This market sentiment divergence is reflected in the Simple Moving Average (SMA), which consistently remains in the negative zone, serving as an indicator of potential price decline.

Short-Term Investor Loss Positions Limit Selling Actions

Investors holding Bitcoin for less than 155 days have a realized price still above the current BTC price level of ($91.88K). This condition means that most short-term traders are still in a loss position, making them reluctant to open sell positions while hoping the price will rebound to their break-even zone.

This phenomenon creates a unique market situation — selling pressure exists, but its intensity is limited because coin holders have not yet reached their break-even point. They prefer to wait and observe the market movements further.

$100,000 Resistance: Market Turning Point

The $100,000 price level becomes a significant local resistance. When Bitcoin successfully reaches and surpasses this psychological barrier, short-term investors who have returned to their break-even point will start taking profits, creating a structured wave of selling.

The distance from the current price to 100K still shows room for appreciation, but the selling momentum from short-term holders will act as a headwind that needs to be overcome.

True Market Strength Signal

The real indicator of market recovery is when Bitcoin closes above the realized price of short-term holders consistently. Closing at this level indicates sustained demand capable of overcoming supply pressure from investors looking to take profits after reaching their breakeven point.

Currently, the market is still in a consolidation phase with restrained selling pressure. Breaking through to $100,000 will be a critical catalyst to shift the market dynamics to the next phase.