Bitcoin is once again under heavy pressure, sliding toward the $103,000 level as the broader crypto market undergoes a sharp downturn. After days of volatility and failed recovery attempts, BTC has lost key support, triggering renewed fear and accelerating sell-offs across altcoins. Most major assets are showing deep losses, with traders and investors now questioning whether the market has entered a deeper corrective phase. Related 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)
source: https://www.newsbtc.com/bitcoin-news/bitcoin-bulls-rely-on-sth-realized-price-support-cluster-loss-could-trigger-100k-retest/