The Key Price of $100,000 Becomes the Short-Term Selling Pressure Indicator for BTC

According to a report from BlockBeats, CryptoQuant analyst Axel revealed that the key price levels determine the release of selling pressure from short-term Bitcoin holders. Current data shows BTC is trading at $73,870 with ongoing market dynamics. Analysis indicates there is no confirmation of strong demand to push the price higher at this momentum.

Short-Term Holders in the Loss Zone

The realized price for short-term holders—that is, the average acquisition cost for those holding BTC for less than 155 days—is currently above the current price level. This condition means short-term holders are still at a loss, naturally limiting their profit-taking activity. The Simple Moving Average (SMA) indicator remains in negative territory without significant recovery, becoming a key factor hindering price consolidation.

The $100,000 Level as a Market Reversal Point

The key price level is at $100,000, serving as a strategic local resistance. When BTC price successfully reaches and surpasses this level, short-term holders will return to break-even. At this point, they will begin selling activities to secure their positions, creating significant price pressure in that area.

Market Strengthening Signals to Watch

The main signal for ensuring sustained market strength is when BTC closing prices manage to stay above the realized price for short-term holders. This phenomenon will indicate a shift in market sentiment and suggest that the key price has been surpassed with genuine demand support. Investors should monitor this movement as an indicator of market readiness for the next growth phase.