Nearly 99% of Bitcoin investors who purchased the cryptocurrency in the past 155 days are currently holding at a loss, with the price stabilizing at $96,000. This situation arises amid a backdrop of regulatory changes, economic policy shifts, and global events that have influenced market dynamics. Analysts indicate that the current price level could serve as a consolidation point or potentially lead to further declines, contingent on macroeconomic factors and investor sentiment. The market's response to these elements will be crucial in determining Bitcoin's near-term trajectory.