Bitcoin has been testing the major $60,000 to $61,500 support zone (a steep drop from its late 2025 highs), with many technical indicators like the Daily RSI flashing deeply oversold.



While the severe liquidations have cooled off compared to earlier in the month, the lack of aggressive spot demand is keeping the broader market suppressed today.
BTC-0.01%
Janu_BNB
Selling by Long-Term Holders & Whales: On-chain data indicates persistent selling pressure from long-term holders and major whales (those holding between 10 and 10,000 BTC), which has systematically stripped away buying momentum and left prices lingering near critical psychological support levels.
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