Bitcoin Shows Largest Hidden Buying Spike Despite Dropping Below $90,000

Bitcoin Shows Largest Hidden Buying Spike Despite Dropping Below $90,000

In recent trading activity, Bitcoin is making an effort to reclaim the $90,000 mark following a notable decline earlier today. This drop has heightened concerns about a possible extended downturn. Market sentiment has noticeably weakened, as selling pressure intensifies within both spot and derivatives markets.

Traders are adopting a cautious approach as liquidity diminishes and volatility rises. In such conditions, even small inflows can cause significant price fluctuations. The recent failure to hold the $90,000 level highlights the vulnerability of the current market structure, raising the question of whether Bitcoin may be entering a longer corrective period.

However, looking deeper into market data, a surprising indicator arises. On-Chain Mind reports that Bitcoin is now experiencing its largest hidden-buying spike of the entire cycle. By analyzing order flow, which examines the balance between buy and sell pressure and the corresponding price movements, we can discern subtle distinctions. Positive divergences suggest strong buying interest despite stagnant prices, while negative divergences point to hidden selling.

Bitcoin OCM Hidden Order Flow Divergence | Source: On-Chain Mind

This large hidden-buying spike indicates a significant buyer imbalance—a potential sign that major investors might be accumulating quietly while the broader market concentrates on the downward trend. Whether this concealed demand can counteract the existing selling pressure will be crucial for Bitcoin’s next significant move.

Hidden Buying Signals Potential Reversal Amid Market Fear

According to On-Chain Mind, the ongoing hidden-buying spike stands out as one of the strongest indicators for a future price increase. Despite Bitcoin’s recent drop, the discrepancy between real buying pressure and price movements suggests that large investors are still active in the market, absorbing supply.

While this signal does not guarantee an immediate price rise—and may require weeks to fully manifest—it implies that buyers still have resources at their disposal. Historically, these divergences occur near cyclical turning points when market sentiment is depressed, but hidden accumulation can strengthen underlying market conditions.

This positive signal appears against a backdrop of fear heightened by external narratives. Recently recycled reports about a potential Bitcoin ban in China, although lacking solid policy updates, have again circulated on social media, creating confusion and short-term anxiety. Additionally, renewed concerns regarding Tether, particularly concerning reserve transparency and regulatory investigations, have pressured liquidity and triggered risk-averse behaviors.

These narratives have exaggerated bearish sentiments, overshadowing the more nuanced developments within on-chain data. While retail investors react to alarming headlines, order flow data suggests that more sophisticated investors are simultaneously taking contrary positions. If hidden accumulation persists, this market correction could ultimately lead to a stronger recovery than current market sentiment suggests.

Bitcoin Struggles to Stabilize After Significant Decline

Currently, Bitcoin's one-day chart indicates that the market continues to face considerable corrective pressures following the sharp decline from the $110,000 area. This decline notably breached both the 50 Simple Moving Average (SMA) and the 100 SMA with minimal resistance, signaling a turn in market momentum. The price now sits below both moving averages, which show early signs of curving downward—a sign that the medium-term trend may be weakening. The 200 SMA, located around the $109,000 level, is significantly above the current price, emphasizing the severity of the correction.

BTC consolidates around $86K Level | Source: BTCUSDT chart on TradingView

After dipping to a local low of approximately $83,000, Bitcoin attempted a rebound, but the response has been limited. The latest uptick has not successfully reclaimed the $90,000 threshold, resulting in a lower high, indicative of potential continuation of the bearish trend.

Volume surges during sell-offs reinforce seller dominance, while buying activity remains relatively subdued. Until Bitcoin can successfully turn the 50 and 100 SMAs into support—now clustered around the $101,000 to $108,000 range—bulls will face challenges in regaining control.

Furthermore, the growing distance between the price and the 200 SMA often precedes temporary relief rallies. However, unless Bitcoin manages to close back above the $95,000 to $98,000 region, there are still significant downside risks. While BTC is presently attempting to stabilize, the overall trend suggests that caution is warranted.

Key Takeaways:

Bitcoin is attempting to reclaim the $90,000 level following a significant drop.
Market sentiment is weak, with increased selling pressure.
On-Chain Mind highlights a large hidden-buying spike, indicating significant buyer interest.
The hidden-buying signal suggests potential for a price turnaround, despite current fears.
Bitcoin remains under corrective pressure, with resistance at key moving averages.