The decline in selling pressure from short-term Bitcoin holders is clearly visible. Short-term SOPR data and UTXO Age Band indicate that investors holding BTC for 1 to 3 months are starting to reduce their activity in the market. After taking profits from short-term trades, this group shows a decrease in the amount of Bitcoin being transferred.

Although the market is experiencing negative pressure, optimism towards Bitcoin remains. The reduction in selling activity by short-term investors could be a positive signal for BTC price stability in the future. With decreasing selling pressure, there is hope that Bitcoin can maintain its value even as the market is sluggish.