coin-img-MONADMONAD-4.30%coin-img-IRYSIRYS+92.96%coin-img-ETHETH+3.06%coin-img-BTCBTC+4.04%coin-img-UCNUCN+0.15%coin-img-SOLSOL+2.75%coin-img-XRPXRP-0.17%coin-img-USDCUSDC-0.01%coin-img-MONADMONAD-4.30%coin-img-IRYSIRYS+92.96%coin-img-ETHETH+3.06%coin-img-BTCBTC+4.04%coin-img-UCNUCN+0.15%coin-img-SOLSOL+2.75%coin-img-XRPXRP-0.17%coin-img-USDCUSDC-0.01%coin-img-MONADMONAD-4.30%coin-img-IRYSIRYS+92.96%coin-img-ETHETH+3.06%coin-img-BTCBTC+4.04%coin-img-UCNUCN+0.15%coin-img-SOLSOL+2.75%coin-img-XRPXRP-0.17%coin-img-USDCUSDC-0.01%coin-img-MONADMONAD-4.30%coin-img-IRYSIRYS+92.96%coin-img-ETHETH+3.06%coin-img-BTCBTC+4.04%coin-img-UCNUCN+0.15%coin-img-SOLSOL+2.75%coin-img-XRPXRP-0.17%coin-img-USDCUSDC-0.01%

Bitcoin Rebounds After Panic Sell-Off, $99K Fair Value Line in Focus

Bitcoin rebounded following a panic-driven sell-off, with focus now on the $99,000 historical fair value line—BTC's average premium relative to mean acquisition cost across its history—on-chain analyst Murphy said on Nov. 27. In two previous bull-to-bear transitions, BTC failed to reclaim this level after breaking below despite rebound attempts, entering deep bear phases. Current selling pressure stems from short-term holders liquidating elevated positions, with massive capitulation observed on the 21st, and profit-taking by long-term holders retaining substantial unrealized gains despite BTC's over 30% pullback from recent highs.
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