Bitcoin Under $90,000 Looks Like Consolidation, Not Reversal
The post Bitcoin Under $90,000 Looks Like Consolidation, Not Reversal appeared com. Bitcoin is attempting to regain upward momentum after recent declines, but the crypto king’s recovery is being met with caution. While sentiment has softened, the current structure suggests consolidation rather than a major bearish reversal. Bitcoin Investors Show Skepticism One of the clearest signals of cooling momentum is the sharp decline in Realized Cap Change, which has fallen to 1. 4%. This marks a 28. 1% drop and places the metric below its lower band. The shift reflects softer net inflows and lighter demand across the market. These conditions are consistent with consolidation phases, where investors prefer to observe rather than aggressively accumulate. Sponsored Sponsored The slowdown also hints that Bitcoin’s recent price weakness stems not from capitulation but from reduced urgency among buyers. Historically, such periods precede re-accumulation rather than dramatic price breakdowns. As long as demand remains steady even if subdued BTC is likely to maintain structural stability. . Bitcoin Realized Cap Change. 5%, breaking above its high band and signaling rising participation from short-term holders. This development suggests that speculative liquidity is entering the market at a faster rate. While this can support volatility and trading activity, it also raises the probability of sharper, shorter price swings. A higher share of short-term Bitcoin holders typically indicates a liquid market, but not necessarily a strongly directional one. The increased presence of speculative traders often aligns with consolidation phases, where prices oscillate within a defined range rather than trending decisively upward or downward. Bitcoin STH/LTH Supply Ratio. Despite multiple attempts, BTC has remained stuck below the $89,800.