#Bitcoin is walking a fine line below the $99K mark — and that level could decide what happens next.

The Short-Term Holder (STH) realized price has risen to around $99,412, but instead of acting as support, it’s behaving like a tough resistance zone. $BTC is currently trading just under this area, which puts bulls in a vulnerable position.

Historically, when price can’t reclaim the STH cost basis, upside momentum often weakens quickly. Short-term holders stay underwater, selling pressure increases, and rallies tend to lose steam. At the moment, $99K isn’t a safety net — it’s a ceiling. Until $BITCOIN convincingly pushes above and holds this level, the recent move looks more like a temporary bounce than the start of a true bullish breakout, potentially setting a trap for late buyers.$BTC

The big question now: will buyers reclaim $99K with strength, or will price face another sharp rejection? This zone could determine the next major trend — so keep a close eye on it.