Taker-Driven Dumps Cool Off As Bitcoin Shows Early Signs Of Recovery – Analyst

Bitcoin is once again under pressure as sellers continue to defend the $90,000 level, preventing a breakout and halting recent bullish momentum. Over the past few days, renewed selling pressure has capped upside potential and dragged BTC into a period of consolidation below key resistance. This has sparked concern among analysts, with some now warning of a potential shift toward a broader bear market.

The hesitation around the $90K mark has left sentiment mixed. While a portion of the market sees the recent weakness as a sign of an impending downtrend, many investors remain optimistic about Bitcoin’s performance for the rest of the year. They point to long-term trends, strong institutional interest, and continued demand as reasons to stay bullish despite the short-term uncertainty.

Adding to this cautious optimism is a promising signal from on-chain data. According to CryptoQuant’s Net Taker Volume metric, buyers may be starting to regain control. After multiple heavy taker-driven selloffs, selling activity appears to be losing steam — and early signs of accumulation are beginning to emerge.

Bitcoin Struggles As Momentum Starts To Shift

Bitcoin is trading below crucial demand levels as bearish momentum intensifies, reversing the brief optimism that followed a minor upswing earlier in the week. Selling pressure has resumed across the board, dragging BTC lower and sparking fresh concerns about the strength of the current market structure. After failing to reclaim the $90,000 level, Bitcoin’s price action has weakened significantly, with bulls now forced to defend key support zones to avoid a deeper correction.

The broader market remains on edge as macroeconomic instability, inflation concerns, and trade war fears continue to shake global financial markets. Risk assets, including cryptocurrencies, have been especially sensitive to this backdrop, and Bitcoin is now at risk of entering a more sustained downtrend unless buyers step in soon.

However, some analysts see early signs of a potential shift. Top analyst Maartunn shared insights on X, noting that the last major sell spike on Binance, including three heavy taker-driven dumps that pushed Bitcoin to a low of $83.6K, is starting to lose steam. According to Maartunn, this suggests that sellers are becoming exhausted and that low-timeframe momentum may be shifting in favor of the bulls.

This potential transition offers a glimmer of hope for investors, as taker volume often plays a key role in determining short-term price direction. If bulls can build on this subtle strength and push BTC back above key resistance levels, a recovery phase could begin. Until then, Bitcoin remains vulnerable, and market participants are watching closely to see if this fading sell pressure is the start of a rebound — or just a temporary pause in a larger downtrend.

Technical Details: Key Levels

Bitcoin is currently trading at $84,000 after losing the 4-hour 200 moving average (MA) and exponential moving average (EMA), both of which were sitting around the $87,000 level. This breakdown has weakened short-term structure and shifted momentum in favor of the bears. Bulls must now defend the current level to avoid further downside pressure and regain control of the trend.

A quick recovery is essential. Reclaiming $87K and pushing above the critical $90K resistance would signal renewed strength and could trigger a broader recovery rally. However, time is running out. If Bitcoin fails to hold its ground near $84K, it risks slipping into deeper losses.

The next major support sits near $81,000 — a level that previously acted as a key demand zone. A breakdown below this mark would likely confirm bearish dominance in the short term and open the door to a steeper correction.

As macroeconomic uncertainty and market-wide volatility persist, Bitcoin’s ability to hold current levels and push higher will be crucial in shaping the next trend. Bulls need to act decisively to prevent another leg down and restore confidence in the broader market structure.

Featured image from Dall-E, chart from TradingView