Woofun AI data shows that Bitcoin short-term holder realized pressure has shifted to a buyer-dominated stance, with the buyer pressure score reaching approximately 30%. This figure exceeds the seller pressure of 22%, which has compressed to a multi-month low, mirroring the rebound pattern observed after the February correction.

The current market structure reflects an accumulation phase as coins transfer from short-term holders to stronger buyers. Bitcoin is trading at $63,900, situated near the lower bound of the short-term holder cost basis range at $61,600. This price level sits roughly 4% above the latest buyer cost basis and nearly 10% below the comprehensive cost basis of $71,000. Analyst Axel Adler Jr. indicated that maintaining the $61,600 support is critical for preserving the demand structure, as a break below this level would place the newest holders in negative territory.