Bitcoin sell pressure eases as deep‑loss holders exit

Investors who bought bitcoin near the peak of the previous rally, at prices between $62,800 and $107,000, have been realizing large losses and liquidating positions. On‑chain data shows the 30‑day average realized loss for this group has recently turned down, suggesting that the most frightened sellers have already left the market and that sell pressure may be weakening.

Analysts highlight the $69,000 level – the average purchase price of short‑term holders – as a key test. A move above this threshold could trigger renewed buying and allow the market to absorb remaining supply, while a failure to hold might prolong consolidation. At the same time, market commentary notes that bitcoin has slipped from the spotlight, with investors shifting interest toward artificial‑intelligence and other technology sectors.

The combination of reduced sell pressure and changing investor focus could influence bitcoin’s short‑term price dynamics.