Bitcoin's price fell below $87,000 on December 26, marking a 0.90% decline over the past 24 hours. On-chain data reveals a decrease in buying pressure coupled with an increase in short-term selling activity. This price movement comes after a week of mixed on-chain signals, including net outflows from major exchanges. The 24-hour trading volume for Bitcoin also saw a slight decrease, indicating cautious behavior among traders. The recent trends suggest a period of consolidation as market participants assess the current conditions.