[Bitcoin Price Remains Above $90,000, Retail Selling Intensifies] Bitcoin's price currently remains above $90,000, with retail selling, ETF outflows, and downward hedging pressure affecting market structure. Analysis shows that short-term holders and Wall Street investors are selling heavily, while long-term holders are steadily increasing their positions. BRN Research Director Timothy Misir pointed out that Bitcoin is at a critical stage, with approximately 31,800 Bitcoins recently transferred to exchanges at a loss, and the number of wallets holding over 1,000 Bitcoins has increased by 2.2%, marking the highest growth rate in four months.