BTC $62,721.58 -1.44%
ETH $1,871.86 -0.74%
BNB $607.41 -0.67%
XRP $1.00 -0.69%
SOL $75.62 -0.45%
TRX $0.3333 -0.57%
DOGE $0.0695 -1.10%
ADA $0.1821 -1.68%
BCH $205.47 -4.39%
LINK $8.77 +0.83%
HYPE $56.56 -0.88%
AAVE $86.91 -2.30%
SUI $0.6790 -1.31%
XLM $0.1587 -1.19%
ZEC $488.65 -1.44%
BTC $62,721.58 -1.44%
ETH $1,871.86 -0.74%
BNB $607.41 -0.67%
XRP $1.00 -0.69%
SOL $75.62 -0.45%
TRX $0.3333 -0.57%
DOGE $0.0695 -1.10%
ADA $0.1821 -1.68%
BCH $205.47 -4.39%
LINK $8.77 +0.83%
HYPE $56.56 -0.88%
AAVE $86.91 -2.30%
SUI $0.6790 -1.31%
XLM $0.1587 -1.19%
ZEC $488.65 -1.44%

Glassnode: The Bitcoin cost concentration zone of $96,000 to $98,000 may serve as a strong resistance level

2025-02-28 00:22:08

ChainCatcher message, Glassnode posted on social media, "During the period from the end of December 2024 to February 2025, there has been strong accumulation in the $96,000 to $98,000 range. While some addresses within these price ranges are reallocating their BTC, this supply cluster remains very dense------if we return to this level again, it could become a strong resistance level."

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