Short-term holders of Bitcoin are actively selling, leading to a decline in market demand. The aggressive selling has resulted in a negative momentum of -480,000 BTC, indicating significant behavior from short-term holders outweighing that of long-term holders.
Bitcoin prices are currently fluctuating between 92,000 USD and 95,000 USD, with sellers dominating the market. Continued selling pressure could hinder any bullish momentum unless short-term selling eases.
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