$BTC Market Levels Update — BTC Drops to $89.3K and Key Metrics Shift
With Bitcoin now trading at $89.3K, several on-chain cost basis levels have realigned, tightening the range between short-term sentiment and deeper market value anchors:
🔴 STH Cost Basis: $103.1K
— Short-term holders now sit far above spot, signaling stress + unrealized losses
🟡 Active Investors Mean: $88.0K
— Price is hovering right around this level — a battleground zone
🟢 True Market Mean: $81.4K
— The next major support cluster if volatility expands
🔵 Realized Price: $56.4K
— Long-term cost basis remains untouched and structurally bullish
This compression between spot and active-investor cost metrics is exactly where big directional moves often begin.
The question now:
Will BTC reclaim STH territory… or slide into the $81K liquidity pocket next?
BTCUSDT
Perp
89,531.9
-0.09%
