Bitcoin has hit a major bear market resistance level, according to on-chain analytics firm CryptoQuant. The firm’s data shows the cryptocurrency approaching a zone that has historically marked the upper boundary of bear-market rallies. At the same time, traders are reportedly taking profits, adding to the sense that the move may be running out of steam.
The resistance level
CryptoQuant identified the threshold using on-chain metrics that track realized price and spent output profit ratio. These indicators have flipped multiple times during past bear cycles, signaling when selling pressure is likely to pick up. The current reading suggests bitcoin is testing a level that previously triggered sharp pullbacks in 2023 and early 2025.
Profit-taking on the rise
Profit-taking activity has increased as prices grind higher, the data shows. Wallets that held bitcoin for months or years are moving coins to exchanges at an above-average rate. That behavior often precedes a local top, though it doesn’t guarantee one. The combination of a hard resistance level and rising sell orders is making traders cautious.
What traders are watching
For now, the market is in a staring contest. If bitcoin fails to break through, a retreat toward lower support zones is possible. If it does push past, the resistance could flip into support and open up a longer recovery. CryptoQuant’s analysts haven’t called a direction — they’re flagging the risk. The next few days will tell whether this resistance holds or becomes another broken ceiling.
