Bitcoin (BTC ($ 113,870.00)) is putting pressure below renewed as it struggles for the main level above $ 115,000. At the time of writing, Cryptocurrency is trading around $ 115,745, which is about 2.2% in the last 24 hours and its all-time high is about 6% from high $ 123,000.
The latest market MOTT has raised questions about short-ract stability, especially in the current trading zone amidst increasing concerns over weak structure support.
Recent data from the on-chain analytics platform suggests that long-term holders are largely beneficial, short-TRM sentences.
Bitcoin UTXO data changing investor for behavior
The activity between the bitcoin unpired transaction output (UTXOS), a metric that tracks the covin either in profit or in any loss, indicates that many people are beginning to read the investor smalller price drops, potentially unwanted the signaling market.
In a recent analysis on the Quicktech platform of the cryptoctive, the contributor Darkfost shared an insight on how the UTXO could reflect the active wider market smell.
The analyst wrote, “This chart based on UTXOS from block data highlights the number of UTXOS spent in the law,” given that this approach focuses on the transaction counter rather than the value value, helping to filter the price-based noise.
Historically, bitcoin is dominated by the UTXO spent in profit, in which patient holders benefit from prolonged appreciation. Between 11 and 13 July, the ratio of UTXOS, a profitable UTXOS, increased above 10,000, which means that for the speed of losses, more than ten were profitable.
However, this ratio has sinned at around 500, suggesting that some investors are now closing the posts closing on the scene of loss with a minor value retracement. This change may indicate short-TRM selling conspiracy, despite the overall profitable position of most holders for the darkfost.
Weak support structure adds negative risk
Another Cryptoctive Anilest, Martun, Bitcoin highlighted structural weaknesses. On July 10, BTC rapidly rose from $ 112,000 to $ 115,800, but in honor of the price it is a thick-chain support.
Bitcoin is teleported from $ 112 to $ 115.8k – but below is thin air
“From a technical point of view, there is no post resistance or consolidation that the couch now serves as support.
– Cryptoquant.com (@cryptoquant_com) August 1, 2025
“This step happened so soon that no support level was created,” Entasty discovered. “If the speed decreases or the sellers move, the price may fall as it is right.”
With bitcoin, now its last people are hovering above the on-chain support zone, analysts warned that the decision of this level fails to reduce the decline.
The image created with a dull-E, chart from the tradingview
