$109K Bitcoin Support Holds Strong With Long-Term Holder Activity

Bitcoin’s price barely budged in the last 24 hours, holding firm near $109K support level. Every dip? Bought up fast. Sellers showed up — the market shrugged.

But don’t mistake stability for certainty. U.S. policy decisions and dollar index volatility are still keeping the crypto space on edge. Traders know: calm today doesn’t mean calm tomorrow.

Retail traders remain unfazed — sentiment holds steady:

• Fear & Greed Index: 68 (Greed)
• BTC Dominance: 63.3%
• Altseason Index: 25 — it’s still Bitcoin’s market.

Daily crypto liquidations totaled $214 million, reflecting relatively calm market conditions.

Long positions were hardest hit, accounting for $137 million in losses. Bitcoin and Ethereum trading led the liquidation volumes at $63 million and $51 million, respectively. Binance traders suffered the most significant losses across exchanges, with $75 million liquidated in 24 hours.

Bitcoin Consolidation Continues

Bitcoin briefly dropped to $108,000 before rebounding above $109,000, continuing its consolidation trend. The bounce occurred at a crucial diagonal trendline extending from the April 8 low of $80,000 — a technical level that’s been tested multiple times. As long as this support holds, sentiment remains positive. But a breakdown could open the door to a larger correction, possibly testing the $100,000 mark or lower.

Ibrahim Cosar of CryptoQuant believes Bitcoin has formed a double bottom — a well-known reversal signal that often marks the exhaustion of bearish momentum. He suggests a potential breakout toward $112,000, but urges investors to factor in broader market variables that could either support or stall the move:

Patterns are like maps — they show you the way, but you're the one driving. Those who move with patience, discipline, and a plan will be the winners.

Long-Term Investors Drive Momentum

Spot Bitcoin ETFs in the U.S. saw no inflows on May 26, 2025, due to a national holiday. However, latest figures report a $211.7 million net inflow during the final trading days of the prior week. Among these, BlackRock’s iShares Bitcoin Trust ETF (IBIT) stands out, having maintained 31 consecutive trading days without outflows. While not a record, this performance highlights increasing investor confidence and a positive trend for institutional Bitcoin exposure.

Check this out: Hacker Sentenced for 2024 Attack on SEC’s X Account Used to Post Fake BTC ETF News

Short-term holders (STH) have begun realizing losses, while long-term holders remain largely unfazed — a dynamic reflected in the latest on-chain metrics. The net realized capitalization ratio between the two groups (STH/LTH) has now reached $28 billion, according to data from CryptoQuant. This suggests long-term conviction is intact, despite near-term volatility.

The data points to a clear trend: when Bitcoin dipped below critical support at $111K and $109K, short-term traders were quick to cut their losses — while long-term investors used the pullback as a buying opportunity. That contrast in behavior may have been exactly what helped the market hold the line.

Read on: What Are Altcoins and How Do They Differ from Bitcoin?