Bitcoin's $100,000 Zone Aligns Key On-Chain and Technical Levels in Major Market Test

Bitcoin is nearing the $100,000 price region, where several long-term indicators converge into what analysts view as a pivotal structural zone for the trend. Metrics such as short-term holder realized price, major moving averages, and the MVRV ratio suggest cooling momentum unless price can reclaim and hold above this cluster. A rebound toward $100,000 remains possible, but without decisive confirmation above these levels, the risk of rejection and continued downside remains elevated.