BTC recently rebounded from a dip in the $BTC 80,000–$BTC 90,000 range — a zone where short-term holders appear to have capitulated, per the drop in the Short-Term Holder SOPR metric.

The broader 2025 decline — greater than 30% from October’s peak around $125,000 — has been driven by macro factors such as tighter monetary conditions, institutional selling, and general risk-off sentiment.

Some recent chain-market data (e.g. large call-option block trades) reflect a structured bullish view that BTC could bounce toward $100,000–$118,000 in the near term.

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BTC

90,879.18

+0.97%