Bitcoin Stays Above Short-Term Holder Realized Price as Sell Pressure Eases

Bitcoin is trading around the $66,000 area and remains above the short-term holder (STH) realized price, a level some analysts view as important for near-term sentiment. The market has been in a drawdown since October 2025, with BTC down 52% from the cycle's all-time high, while on-chain metrics cited by CryptoZeno point to softer selling pressure. At press time, BTC was $66,748, up 1.04% in 24 hours, as daily volume fell 53.48%.