This is the Critical Level to Watch for Bitcoin’s Price This Week

Amidst recovery attempts, Bitcoin (BTC) has made a modest surge of 4% over the past 24 hours as it trades just around $111,000. Despite last week’s market volatility and the subsequent devastating losses, long-term holders are relaxed and ￰0￱ same cannot be said for short-term traders who are eyeing Bitcoin’s rebound above $113K to breathe again. Bitcoin’s Profit Divide Widens According to Alphractal founder Joao Wedson, Bitcoin’s current market mood is split between two distinct ￰1￱ calm veterans and the nervous newcomers. Long-Term Holders (LTHs) remain unfazed, their unrealized profits still comfortably in the ￰2￱ have seen it all before, and for them, the real concern does not even begin unless BTC slips below $37,000.

That threshold remains comfortably distant from current levels. Short-Term Holders (STHs), on the other hand, are nursing losses and praying for a revival above the $113,200 mark. Ironically, that same level could become a battleground as a breakout would return many STHs to profit, but it could also trigger waves of profit-taking, thereby muting further upside momentum. Structurally, Bitcoin’s NUPL metric validates the idea of this ￰3￱ is because long-term conviction remains intact, while the LTH/STH SOPR Ratio paints a picture of changing ￰4￱ appear to be easing off their selling pressure and are letting the market breathe, while STHs are still clawing for short-term ￰5￱ setup is reminiscent of late 2021, when fresh all-time highs were ￰6￱ latest market condition suggests that while the old guard is coasting on earlier wins, the restless crowd still has something to prove.

“LTHs have already locked in a good share of their profits – in March 2024, December 2024, and more recently, near the last ATH. Now, they’re relaxed, probably enjoying some time on a yacht with their families. Meanwhile, STHs are anxiously watching the charts, hoping for Bitcoin to break above $113K so they can finally smile again.” Impact of Easing US-China Tensions Now that Bitcoin has successfully reclaimed the key $109,000-$110,000 support zone, a level that had previously acted as a crucial pivot in recent market structure, crypto analyst Ted Pillows believes that the next major hurdle lies at $112,000, a breakout above which could open the path for renewed bullish ￰7￱ believes that the current macro backdrop adds further tailwinds to BTC’s potential upside, especially as US–China trade tensions appear to be ￰8￱ reduction in geopolitical strain could boost investor confidence across risk assets, including crypto, by softening the global risk-off sentiment that had previously dampened speculative appetite.