On July 10, 2025, Bitcoin’s price jumped from $112,000 to $115,800 in a single move. While the increase was large, the structure behind it is weak.
The move happened so quickly that no support levels were formed along the way. On-chain data shows little activity in this price range — there’s not much evidence of strong demand between $112K and $115.8K. From a technical point of view, there’s also no price history in this zone — no past resistance or consolidation that could now act as support.
That wasn’t a concern while the price was going up. But now that it’s starting to move down, it becomes a risk. Bitcoin is sitting on the last known on-chain support area — like a shelf with nothing underneath. If momentum drops or sellers step in, the price could fall just as fast as it rose.
What to Do ?
If this final support area breaks, price could move down quickly. As long as it holds, there’s no issue — but traders should be prepared. Set a stop-loss if you’re in a trade, and watch closely. There’s little structure below to slow things down if this level fails.
Written by maartunn
