With the weakening of long positions, BTC is in trouble; the key support level at $92,000 may determine the trend in 2025 and affect the year-end price action.

If the BTC price fails to reclaim $100,000, it may further drop to $71,000-81,000, while $80,000-85,000 provides a potential buying opportunity.

BTClongs have turned into a passive mode as they are unable to exert enough pressure even when the selling volume decreases. This indicates a lack of interest from market participants, as bears also remain inactive. In this scenario, an extended pullback typically attracts buying volume, so the last week of this year may see another 10% to 12% drop, causing the token to be bearish.

BTC faces bearish pressure: key support level to watch at the end of the year

Compared to the past few days, BTC trading volume has increased, indicating that weekend volatility may intensify. Star tokens continue to break through support levels after failing to hold resistance, weakening long positions to some extent. In this case, it is only possible for a token to rebound and lay the foundation for trading in 2025 when it manages to break through the key support level of around $92,000.