Bitcoin is struggling to hold above the $95,000 level as fear spreads across the market, with traders uncertain whether the recent correction marks the beginning of a broader downtrend or just a temporary shakeout. The leading cryptocurrency has been under sustained selling pressure, wiping out months of bullish momentum and pushing sentiment toward extreme caution.

Analysts remain divided on the next move. Some argue that Bitcoin could be entering the early stages of a bear market, pointing to weakening momentum and growing short-term losses among holders. Others, however, believe that this consolidation phase is setting the stage for a major recovery, with potential for a surge beyond all-time highs once market sentiment stabilizes.

Despite the volatility, on-chain data offers a glimme

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