Bitcoin Eyes $95,000 Again as Market Stress Continues to Ease

Bitcoin is showing renewed momentum to challenge the $95,000 level after a previous failed attempt, supported by easing market stress and shifting investor behavior. Key metrics like Net Unrealized Profit and Loss (NUPL) have improved, signaling reduced unrealized losses and less forced selling, which supports steadier price discovery. Furthermore, long-term holder distribution has slowed, indicating more efficient supply absorption. At the time of writing, BTC trades near $92,221, targeting resistance at $93,471, just below the critical descending uptrend line near $95,000. A decisive break above this trend line, supported by current sentiment, could confirm the move toward $95,000; however, rejection could lead to a pullback toward $91,298 or lower support levels.

(Source：BeInCrypto)