As the Bitcoin (BTC) market continues a quiet trend this week, short-term holders have reportedly sold approximately 15,000 BTC at a loss. This downward sentiment has been further intensified amid the potential military conflict between Israel and Iran, and the uncertainty ahead of the Federal Open Market Committee (FOMC).
According to on-chain data disclosed by CryptoQuant, the Bitcoin sold at a loss is interpreted as a representative signal of a constrained investment sentiment. Market analysts are suggesting that the current price level could be a 'bottom signal'. In particular, on-chain indicators analyzed that Bitcoin's price rebound point is forming between $97,000 and $94,000.
Short-term holders generally react sensitively to market direction, and their stop-loss sales can be seen as a positive signal in that 'selling pressure' may decrease in future rebound phases. The significant decline in trading volume during this downturn also indicates that investors have turned to a wait-and-see stance.
While the market remains tense, the current situation could appear attractive to long-term investors looking for low-price buying opportunities. However, as long as geopolitical risks in the Middle East and uncertainty about the Federal Reserve's monetary policy persist, expectations for a clear rebound in the short term are also being presented.
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