Glassnode: Short-Term Bitcoin Holders Above Sell Line

Glassnode reports short-term Bitcoin native holders have moved back above the sell line while profit taking remains light, according to the latest Week On-chain update.

Price action at $84199.57 holds a bullish structure above the EMA50 at $82096.83 and the EMA200 at $76954.73, yet the MACD death cross signals fading momentum. With RSI(14) at 52.96 staying neutral and price trading inside the Bollinger Bands, the upper band at $88891.3 acts as immediate resistance while the lower band at $80402.28 offers short-term support; a test of the 50-EMA confluence zone appears likely before any sustained push higher. On-chain metrics combined with these levels shape current BTC price prediction models and short-term holder behavior analysis for traders tracking Bitcoin on-chain analysis and potential crypto market crash signals.