Bitcoin price analysis as BTC tests $88K support with $80K demand zone below

Bitcoin has been sliding lower after repeatedly failing to break the $95K resistance, keeping price action choppy and biased to the downside. Technical indicators on both the daily and 4-hour charts show BTC trading within bearish structures, with $88K as a key near-term support and a broader demand area around $80K. On-chain aSOPR is trending toward the 1.0 threshold, suggesting that a decisive break lower could trigger loss-taking and potential capitulation before any rebound.