Important takeouts:
The monthly outflow/inflow rate of Bitcoin fell to 0.9, renewing long-term trust and accumulation.
Despite positive short pressure on the binance derivatives, BTC maintains a range of between $100,000 and $110,000.
Over 19,400 BTC has moved to the facility’s wallets, indicating a strategic position by long-term holders.
After surpassing the $100,000 level on May 8, Bitcoin (BTC) prices have been closed daily, above the psychological level. BTC posted a low-range deviation at $98,300 on June 22nd, but crypto assets remain close to a new high of over $111,800.
The drop to $100,000 is only a 9% correction, but one metric shows that the price range between $100,000 and $110,000 could be in the new bottom range before BTC receives another parabolic leg in the second half of 2025.
Data from encryption shows that market activity shows new long-term trust, while on-chain data shows a significant advantage in leaks versus inflows. The monthly outflow/inflow rate fell to 0.9. This shows historically strong demand at a level not seen since the end of the Bear market in 2022.
This ratio measures the balance between coins moving from exchange and acts as a sentiment gauge. The reads below show that the investor is off the exchange, reflecting that the investor reflects his accumulation behavior. In contrast, values above 1.05 were previously coincided with increased selling pressure and top of the local market.
In particular, this latest drop reflects the levels seen in December 2022, showing Bitcoin macro bottoms at nearly $15,500. Its inflection point precedes sustained multimoose assembly and supports the paper that low ratios often precede price reversals.
Current domination of outflow and increased participation of long-term holders provides a compelling case for the formation of structural bottoms. If the historical pattern applies, Bitcoin could be approaching a critical demand-driven pivot with the possibility of marking the beginning of the next bullish leg.
Related: Bitcoin News Update: BTC Range Tightening Tips Make Price Break Tips Newly Higher
Bitcoin absorbs sales pressure from short traders
Despite sustained sell-side attacks on binance derivatives over the past 45 days, Bitcoin has held its position within the tough range of $100,000 to $110,000. Cumulative Volume Delta (CVD) data remains negative, indicating consistent short sales pressure from takers. However, the inability to drop prices suggests that this stream is being absorbed, meaning accumulation.
This structural resilience may be strengthened by on-chain activities, referring to institutional movements. As observed by Crypto analyst Maartunn, 19,400 BTC worth about $21.1 billion was moved from dormant wallets to facility-grade addresses on Tuesday. These coins had not been touched previously for three or seven years, thus highlighting the importance of movement.
Such transfers are usually not impulsive. Such activities are often associated with strategic positioning, suggesting that large entities may intervene due to stable prices amid visible short-term pressures.
The sustained sales flow, muted downside reactions, and massive accumulation reinforce the argument that Bitcoin is forming a bottom of nearly $100,000. Short-term volatility can last, but the underlying bids are likely institutional, which could lead to more and less sudden revisions below this level.
Related: Bitcoin prices are 72% and 84%, and the last two BTC holders did this
This article does not include investment advice or recommendations. All investment and trading movements include risk and readers must do their own research when making decisions.
