AI-driven on-chain data has triggered a red alert as Bitcoin's price falls below a critical support level, signaling potential structural damage in the mid-term trend. Currently priced at $92,483, Bitcoin is experiencing a decline, despite a long-term bullish outlook. The market's MVRV ratio stands at 1.91, indicating slight market inflation, while the long-term holder ROC is at -0.09, suggesting some profit-taking by seasoned investors. The short-term holder (STH) cost basis is $102,385, with the current price 10% below this level, resulting in an STH-MVRV of -0.1. This situation highlights the pressure on short-term investors. Although the profit-taking Z-score is -1.98, hinting at a possible rebound, risk management remains crucial. The funding rate is at a moderate 0.05%, and the pain index is 0.78, suggesting that market participants are not yet in panic mode. Investors are advised to maintain caution and consider reducing positions as the market remains in a risk-off mode.