Bitcoin has fallen below the STH realized price of 99,000 USD, raising alarms over the current market momentum as whales remain inactive. This silence signals a potential lack of conviction among major holders, leading to fears of a more substantial price decline.
Technical indicators show the RSI at 41.5 and declining OBV, pointing to weakened buying pressure for Bitcoin. If the price fails to recover above the 50-day SMA, it may face sustained downward pressure, leaving traders cautious in the upcoming sessions.
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