Bitcoin has dropped by more than 10% over the past two weeks, slipping under $75,000.
Short-term holders of Bitcoin show signs of stress as the market correction continues.
The STH-SOPR metric, measuring whether coins moved by recent buyers are being sold at a profit or loss, has not breached extreme levels seen in past correction events.
If selling pressure among short-term holders intensifies, the market could face further downside pressure.