Glassnode: BTC Long-Term Holders Are Slowly Selling

Glassnode's analysis suggests that due to the lack of strong upward catalysts and the rising risk of short-term pullbacks, long-term BTC holders are slowly selling off.
On-chain models show key support levels: the 0.95 SSD percentile is located at approximately $103,700, and the 0.85 SSD percentile is at $95,600. If profit-taking continues, these levels need to be monitored.