Bitcoin seems to be struggling to maintain its position above $100,000 due to negative demand momentum, which indicates a bearish sentiment in the market. The relative strength index (RSI) has recently reached overbought levels, suggesting a possible short-term correction. Traders should remain cautious as critical on-chain data signals a mood conducive to selling. As the market fluctuates, the possibility of Bitcoin retreating toward the $85,000 mark has become very real, urging investors to analyze their strategies carefully.