최근 매수자들이 손실 구간에 진입한 가운데, 비트코인 가격이 7만 7,700달러 지지선 붕괴 위기에 직면

Bitcoin recently experienced a notable price pullback that breached the realized cost basis of the one-to-three-month-old buyer cohort. When this specific cohort falls underwater, it often triggers psychological selling and increased short-term volatility across the broader digital asset market. Analysts closely monitor these on-chain metrics because they frequently indicate pivotal transitions between local bull market corrections and deeper structural downtrends. The current price action places significant pressure on leveraged positions established during recent market highs. Sustained trading below this crucial realized price level could turn previous support into formidable overhead resistance. Consequently, market participants are watching derivatives data and exchange inflows for signs of broader capitulation among retail and institutional participants alike.