Bitcoin’s price stabilized at $89.3K on December 7, 2025, as fresh on-chain data from Glassnode revealed critical shifts in market structure that traders are now watching closely. The latest dataset shows Bitcoin trading well below the short-term holder cost basis of $103.1K, placing recent buyers at an average unrealized loss of nearly $13.8K. This gap often acts as a firm resistance zone, suggesting that any upward attempt toward $103K could meet significant sell pressure from short-term investors looking to break even after weeks of volatility.
Despite the overhead resistance, Bitcoin trades $1.3K above the active investors mean at $88.0K, establishing this zone as a crucial short-term support. Historically, this level has served as a magnet for intraday liquidity, where both spot traders and algorithmic systems monitor for potential reversals. Further below, the true market mean at $81.4K represents a deeper structural support, while the realized price at $56.4K underscores strong long-term conviction, indicating that the average BTC holder remains significantly in profit even during this corrective phase.
Market analysts often view these on-chain anchors as psychological markers that shape behavior across derivatives and spot markets. The current configuration suggests Bitcoin is in a consolidation phase after reaching recent cycle highs. Traders who entered positions at higher levels may become increasingly sensitive to price dips below $88K, potentially accelerating volatility if that threshold breaks. Conversely, a decisive bounce above the active investors mean could reignite optimism, especially if trading volumes rise on major BTC pairs such as BTC/USDT.
For derivatives traders, the spread between spot price and the STH cost basis is creating opportunities in both options and perpetual futures. Some investors may hedge downside risk with protective puts near $88K, while others position for an eventual upward retest of $103K through call options or leveraged longs. Institutional flow indicators derived from on-chain movement continue to suggest that long-term holders are not capitulating, reinforcing Bitcoin’s historical resilience during mid-cycle corrections.
The broader crypto ecosystem is also feeling the ripple effects of Bitcoin’s positioning. When BTC tests major support zones, correlated assets such as Ethereum and AI-themed tokens often experience amplified moves, creating cross-market opportunities for traders who rely on inter-asset momentum. Equity traders tracking Bitcoin’s performance as a risk-on signal are likewise watching these levels, especially as macroeconomic uncertainty continues to influence inflows into digital assets.
While no significant 24-hour price change was noted in this update, the static nature of these supports and resistance bands highlights just how crucial the next move could be. If Bitcoin maintains its grip above $88.0K, bullish scenarios remain intact, with potential for a gradual climb toward $103.1K. If it loses this footing, historical trends point toward increased volatility as price gravitates toward the true market mean around $81.4K.
As always, traders are encouraged to verify data timestamps and monitor real-time on-chain flows. With this December 7 update, Bitcoin’s market structure provides both challenges and opportunities, and the coming days may reveal whether the asset is preparing for a continuation of its broader uptrend or a deeper corrective retracement.
