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HYPE $41.27 -0.02%
AAVE $93.95 -0.59%
SUI $0.9464 +0.51%
XLM $0.1703 -1.80%
ZEC $355.96 -0.66%
BTC $78,044.14 +0.83%
ETH $2,347.25 +1.64%
BNB $632.33 +0.40%
XRP $1.42 -1.03%
SOL $85.82 -0.62%
TRX $0.3239 -0.07%
DOGE $0.0977 -0.55%
ADA $0.2497 -0.50%
BCH $452.23 -0.34%
LINK $9.32 -0.77%
HYPE $41.27 -0.02%
AAVE $93.95 -0.59%
SUI $0.9464 +0.51%
XLM $0.1703 -1.80%
ZEC $355.96 -0.66%

Glassnode: $97,000 is the key resistance level for BTC

2025-04-23 18:40:30
Collection

ChainCatcher message, Glassnode posted on platform X that if BTC wants to return to the $100,000 level, it still needs to clear a large amount of supply above. Cost basis distribution data shows that there is a particularly dense area around $97,000, where investors hold approximately 392,000 BTC. Some investors may choose to sell at the breakeven point, making this area a key resistance zone.

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