Weak hands have exited
Bitcoin's HODL Waves have collapsed for short-term holders (0-6 months). This is reducing the share of speculative coins in weak hands and removing some of the fuel for panic selling. The market is becoming drier due to hot supply, making it harder for sellers to push the price lower.
If the zone holds, the initiative will remain with the buyers, opening the way for a rebound. If sellers break through this layer, the next magnet will be deeper liquidity, where it will be decided whether this was simply a noise dump or the start of a new momentum.

BTCUSDT
Διην.
75,839.3
-1.10%