Analyst: Bitcoin in holding pattern as long-term investor selling pressure remains low

Bitcoin has entered a balanced, sideways market as it awaits new catalysts, according to a market analyst. CryptoQuant contributor Arab Chain explained that Bitcoin is trading below its moving average, reflecting mild selling pressure and slowing upward momentum in recent days. However, the analyst noted that the unrealized loss indicator is at a significantly low level of 0.06, suggesting that only a minority of traders on Binance are currently at a loss. This indicates the market has not yet entered a large-scale sell-off phase, as selling pressure from long-term investors is not significant. Arab Chain added that if the price recovers above the moving average, upward momentum could resume. Conversely, a drop below $100,000 could trigger the start of a full-blown correction.