According to @glassnode, BTC broke below 90,000 dollars and tested 80,000 dollars before a mild rebound, highlighting pressure around key levels, source: @glassnode. Momentum remains oversold but shows early signs of exhaustion, indicating selling intensity is moderating, source: @glassnode. Derivatives and spot flows remain weak, pointing to orderly de-risking rather than aggressive risk-taking, source: @glassnode. Short-term market tone is risk-off, with both price action and flow data aligning with a controlled unwind, source: @glassnode.

According to @glassnode, BTC’s downtrend pushed spot prices to $93,000 while momentum is oversold and sell-side pressure is easing, with flows and on-chain activity softening. @glassnode reports these conditions indicate early signs of stabilization in the $94,000–$100,000 range, making that band the key near-term area to monitor for confirmation of trend stabilization.