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ETH $1,870.66 +5.29%
BNB $579.64 +1.82%
XRP $1.09 +2.12%
SOL $76.94 +1.28%
TRX $0.3251 -0.27%
DOGE $0.0740 +2.27%
ADA $0.1634 +2.36%
BCH $238.50 +0.10%
LINK $8.27 +4.29%
HYPE $64.50 +0.67%
AAVE $98.21 +2.91%
SUI $0.7599 +3.94%
XLM $0.1837 +0.15%
ZEC $530.98 +3.54%
BTC $63,924.22 +2.02%
ETH $1,870.66 +5.29%
BNB $579.64 +1.82%
XRP $1.09 +2.12%
SOL $76.94 +1.28%
TRX $0.3251 -0.27%
DOGE $0.0740 +2.27%
ADA $0.1634 +2.36%
BCH $238.50 +0.10%
LINK $8.27 +4.29%
HYPE $64.50 +0.67%
AAVE $98.21 +2.91%
SUI $0.7599 +3.94%
XLM $0.1837 +0.15%
ZEC $530.98 +3.54%

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
Collection

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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