Short-term BTC holders are experiencing losses amid rising bearish sentiment. The Short-Term Holder SOPR value at 0.987 indicates many investors are selling Bitcoin at a loss. Historically, SOPR below 1.0 suggests strategic accumulation opportunities for investors, as it often signals a market bottom.

The Realized Cap HODL Waves Chart shows that 49.6% of Bitcoin liquidity comes from coins aged less than three months, indicating that mature investors are distributing their holdings. This trend suggests that fresh demand is absorbing the sell-side pressure, hinting at a possible market stabilization or consolidation phase.

Bitcoin currently trades around 94,330 USD, lying below the 50-day moving average of 97,470 USD but above the 200-day moving average of 73,293 USD. This places it in a critical range for traders, with key resistance and support levels. The RSI indicates potential oversold conditions, often leading to rebounds.