Bitcoin’s chain-chain demand slips 2.45% as retail investors remain cautious – Details
Bitcoin continues to trade at a price above the critical $100,000 level, showing resilience despite its resistance approaching $110,000. The bulls still control the broader trend, but as macroeconomic tensions intensify, the momentum appears to be slowing down. Continuous global uncertainty, including tariff disputes and bond market volatility, introduces new caution in risk-compliant assets.
Although Bitcoin’s price action is still strong on the surface, the undercurrent of on-chain activity shows a more cautious tone. According to cryptocurrencies, retail demand (used by chain exchanges involving $10,000, has dropped by about 2.45% in the past 30 days. This decline suggests that during the joyful stage of the bulls running, smaller investors have not yet entered the market with common enthusiasm.
Although many retail participants may now choose to contact indirectly through ETFs or institutional products, the lack of positive retail chain chains is a noteworthy signal. Currently, the market structure remains healthy, but a wave of demand from smaller investors may be needed to enhance sustainable development beyond all-time highs. Until then, Bitcoin may continue to consolidate near current levels while awaiting a decisive breakthrough catalyst.
Bitcoin faces critical testing as retail demand lags
Bitcoin is now trading at a critical moment. After hitting an all-time high of $112,000, the Bulls have been working hard for the upward momentum, and the Bears have not triggered a meaningful review yet. Prices remain above $105,000, a strong sign of elasticity in growing macroeconomic volatility. Global tensions, especially the ongoing U.S.-China tariff standoff and rising bond yields-touch markets and keep investors cautious.
Despite the strength of Bitcoin, emotions remain divergent. Many analysts point out that uncertain bond markets and systemic risks are key drivers of opportunities and concerns. Despite some support from institutional flows and ETF activity, on-chain data suggests that the market is far from euphoric.
Encrypted data shows retail demand has fallen by 2.45% over the past 30 days, trading in BTC at $10,000 or below. The indicator reflects smaller investor behavior, and its downward trend means that the retail population is not yet fully confident. While some capital now may flow through ETFs and custodial platforms, the lack of strong signals from retailers’ chains will force immediate bullish expectations.
However, this may not be completely negative. The lack of appreciation for retail euphoria may mean that the current structure has room to grow, and if returns are needed, another wave of sustainable caps may be created. For now, Bitcoin holds its own position, but the next step will depend heavily on external catalysts and broader market sentiment.
BTC technical analysis: price limit
Bitcoin has a transaction volume of about $105,700, and after several bounces of this level, Bitcoin is held at $103,600. The area continues to act as a stable area of demand, providing a basis for potential upward space if momentum is established. On the 4-hour chart, BTC is in the range of $103,600 to $109,300, with lateral movement leading the price action since its longstanding high since the May rejection.
The short-term dynamic support provided by 34 EMA is close to $105,600, while the 100 and 200 SMA are slightly above the current price, compressing BTC within a tight structure. This suggests that a decisive move may be coming. If Bitcoin breaks and closes $106,900, you can test again the next $109,300 key resistance and potentially expand the higher range.
However, closing prices below $103,600 will break the bullish structure and open the door to further tilt towards the psychological level of $100,000. The volume remains low, highlighting the market hesitation, and participants are waiting for macroscopic or technical catalysts.
Featured images from DALL-E, charts from TradingView
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