🚨 Seller Pressure Alert: Historical Profits of Hodlers May Trigger a Drop in $BTC !
The $BTC is approaching a critical point, with long-term holders (LTHs) reaching historical levels of unrealized profit — around 350% — which, according to Glassnode, often precede significant liquidations. The recent rally to $97,500 has even led investors with 'diamond hands' to consider taking profits, especially as it approaches the symbolic mark of $100,000, where selling pressure historically increases. Although the $BTC has surpassed key indicators like the 111-day moving average and the cost basis of short-term holders, the sustainability of this rise depends on strong buying demand to absorb the pressure. Analysts warn of elevated risks, with a large concentration of long liquidations below $91,000 and a lack of significant shorts above the current price, suggesting a possible pullback. If the current support does not hold, the market may return to the zone of unrealized losses, affecting investor sentiment.
