Recent data from RHODL Ratio reveals increased short-term trading activity rather than mass selling, with Bitcoin holding steady above the crucial $100,000 support level. While the recent price action suggests a potential breakout above $110,000, analysts highlight the importance of maintaining this key support for sustained upward momentum. The RHODL Ratio, which measures the balance between long-term holders and newer investors, has been declining after peaking below 2, indicating increased short-term trading activity rather than a loss of conviction from long-term holders. This behavior suggests market strength and a lack of widespread distribution. However, analysts warn that if Bitcoin’s price falls below $100,000, it could trigger a deeper correction towards the channel’s lower boundary at $78,500.