Key Highlights
- BTC rebounded after a brief breakdown, yet momentum remains fragile.
- A key concern is weakening confidence among one of Bitcoin’s most influential cohorts, which could complicate efforts to sustain a broader price recovery.
- Bitcoin Holders Witness A Dip In Gains Bitcoin long-term holders have increased selling activity over the past several days.
- On-chain data shows the 30-day change in long-term holder supply has dropped to a 20-month low.
- Similar levels were last recorded in April 2024, signaling elevated distribution pressure.
