Analysis: Bitcoin has not yet broken through key resistance levels, short-term holder behavior may determine trend

According to BlockBeats, on September 1st, crypto analyst Ali stated on social platform X that Bitcoin is currently facing key price resistance levels. Ali emphasized that the Short Term Holder Realized Price is currently around $63250, and BTC has been struggling to break through this level since June 22nd. Ali explained that in a downward trend, this price level often becomes resistance because short-term holders are more inclined to sell when the price falls below the entry point. Analysts warn that the market may face sustained selling pressure before BTC converts this area back into support levels.