BTC $78,720.89 +1.37%
ETH $2,466.37 +1.30%
BNB $697.06 +1.29%
XRP $1.40 +1.00%
SOL $106.33 +2.49%
TRX $0.3408 +0.68%
DOGE $0.0853 +0.50%
ADA $0.2030 +1.47%
BCH $251.62 +2.67%
LINK $11.48 +1.37%
HYPE $83.72 +2.66%
AAVE $126.26 +3.19%
SUI $0.7458 +1.23%
XLM $0.1807 +1.75%
ZEC $847.82 +4.52%
BTC $78,720.89 +1.37%
ETH $2,466.37 +1.30%
BNB $697.06 +1.29%
XRP $1.40 +1.00%
SOL $106.33 +2.49%
TRX $0.3408 +0.68%
DOGE $0.0853 +0.50%
ADA $0.2030 +1.47%
BCH $251.62 +2.67%
LINK $11.48 +1.37%
HYPE $83.72 +2.66%
AAVE $126.26 +3.19%
SUI $0.7458 +1.23%
XLM $0.1807 +1.75%
ZEC $847.82 +4.52%

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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