Bitcoin is once again facing critical conditions, with the price retesting the range lows near $110,000 following a volatile and uncertain weekend. After Friday’s massive crash, which wiped out billions in leveraged positions, bulls are struggling to regain control and establish a stable recovery. The broader market remains cautious, as traders weigh whether the current level can hold or if another wave of selling could push prices lower.
Despite the pressure, some analysts see potential signs of resilience if Bitcoin can maintain support in this zone. According to top analyst Maartunn, recent on-chain activity reveals an important shift in market behavior. Over the last 24 hours, Short-Term Holders (STHs) have sent 46,524 BTC to exchanges, signaling active repositioning after the latest