Crypto analyst Ali said on social platform X that Bitcoin is currently facing a key price resistance level. Ali emphasized that the Short-Term Holder Realized Price is currently around $63,250, a level that BTC has struggled to break through since June 22. Ali explained that in a downtrend, this price level tends to act as resistance because short-term holders are more inclined to sell when the price falls below the entry point. Analysts warn that the market could face continued selling pressure until BTC reconverts this area into support.