Bitcoin correction pressure is increasing... short-term holders' selling pressure is shaking the market.

Source: DigitalToday Original Title: Bitcoin Adjustment Pressure Increases… Short-term Holders' Selling Pressure Shakes the Market Original Link:

Bitcoin has fallen to $86,000, increasing the selling pressure from short-term holders.

Recently, the MVRV indicator, which measures the difference between market value and realized value, has flipped to negative for the first time in three years, resulting in short-term holders having more unrealized profits than long-term holders. This increases the likelihood that short-term holders will sell, which could accelerate price declines.

Additionally, the network value to transaction ratio of Bitcoin has surged, indicating a state of low transaction volume compared to network activity ( NVT ). This is interpreted as a precursor to price corrections and suggests short-term instability in the market.

Currently, Bitcoin is trading in the range of $86,000, and if the support level of $85,204 collapses, there is a possibility of further decline to $82,503. On the other hand, if buying pressure strengthens, it could rebound to $89,800, and recovering to $90,000 will be a key factor.

The market continues to see trading battles around major support and resistance levels without finding a clear direction. Although short-term indicators are showing bearish signals, there remains a possibility for prices to move quickly in either direction due to the high volatility of the current range. Whether Bitcoin can defend its short-term support level and gain momentum for a rebound or enter another correction phase will likely depend on future trading volumes and changes in investor sentiment.