Bitcoin Bulls Rely on STH Realized Price Support Cluster: Loss Could Trigger $100K Retest

Bitcoin is once again under heavy pressure, sliding toward the $103,000 level as the broader crypto market undergoes a sharp ￰0￱ days of volatility and failed recovery attempts, BTC has lost key support, triggering renewed fear and accelerating sell-offs across ￰1￱ major assets are showing deep losses, with traders and investors now questioning whether the market has entered a deeper corrective ￰2￱ Reading: Paxos Mints 300 Trillion PYUSD By Error – Here’s What Happened According to top analyst Axel Adler, Bitcoin’s main support zone lies between $106,000 and $107,000, a range defined by the Short-Term Holder (STH) 1M–3M Realized Price and the 200-day simple moving average (SMA 200D).

This critical area represents a confluence of both on-chain and technical support levels where previous corrections have historically found equilibrium. However, the current momentum shows mounting ￰3￱ panic spreads and liquidity dries up, all eyes are now on the $106K–107K range — a decisive battleground that could define Bitcoin’s short-term trajectory and set the tone for the rest of the crypto market. Bitcoin’s Market Structure Faces a Crucial Test Adler highlights that a loss of the $106K level would likely trigger a move toward $100,000, where the yearly moving average (SMA 365D) currently aligns — a level that has historically acted as a springboard for major reversals during previous market ￰4￱ the growing fear, Adler notes that the macro structure remains bullish as long as the $100K base ￰5￱ region represents long-term buyer interest, and defending it could reset overheated leverage and pave the way for a more stable recovery.

However, Bitcoin is already trading below the $106K mark, raising concerns that the market could be preparing for a deeper test of this critical ￰6￱ across the space are now closely watching the daily candle closes, which will determine whether the move below support is merely a liquidity sweep or confirmation of a bearish ￰7￱ Bitcoin fails to reclaim the $107K level soon, a broader shift in sentiment could unfold — one that may prolong the consolidation phase and test investor ￰8￱ contrast, a strong rebound from the $100K zone would reinforce the argument that the correction is part of a healthy reset within an ongoing bull ￰9￱ coming days will therefore be decisive: either Bitcoin holds this base and rebuilds momentum, or it breaks lower, signaling that the current cycle’s most aggressive phase of volatility is far from ￰10￱ Reading: New Wallets Move Over $160M In Bitcoin From Binance And FalconX – Details Bitcoin Tests Support Zone Amid Continued Weakness Bitcoin continues to slide, with the latest chart showing price action hovering around $106,000, now testing one of the most critical support zones in ￰11￱ failing to reclaim the $115,000 and $117,500 resistance levels earlier this week, BTC extended its losses, touching an intraday low near $103,500 before recovering ￰12￱ market remains tense as traders watch whether the 200-day moving average (SMA 200D) — currently around $107,500 — will ￰13￱ level represents the Short-Term Holder (STH) realized price region and coincides with the area identified by analysts as a major structural base.

A confirmed breakdown below it could open the door to a test of $100,000, where the yearly moving average (SMA 365D) aligns, serving as the next major ￰14￱ Reading: Bitcoin Whale Closes $197M Short, But The Game Might Not Be Over Momentum indicators suggest that BTC is still under strong bearish ￰15￱ 50-day and 100-day moving averages are trending downward, indicating a loss of short-term ￰16￱ Bitcoin can close daily candles back above $107K, market sentiment is likely to remain ￰17￱ image from ChatGPT, chart from ￰18￱