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ETH $1,920.91 +1.42%
BNB $591.87 +4.19%
XRP $1.08 +1.80%
SOL $74.64 +2.28%
TRX $0.3292 +0.98%
DOGE $0.0704 +0.55%
ADA $0.1712 +4.79%
BCH $220.87 +5.10%
LINK $8.48 +2.62%
HYPE $54.54 -0.28%
AAVE $99.71 +1.57%
SUI $0.7007 +2.53%
XLM $0.1726 +0.47%
ZEC $474.49 +2.56%
BTC $64,823.32 +1.36%
ETH $1,920.91 +1.42%
BNB $591.87 +4.19%
XRP $1.08 +1.80%
SOL $74.64 +2.28%
TRX $0.3292 +0.98%
DOGE $0.0704 +0.55%
ADA $0.1712 +4.79%
BCH $220.87 +5.10%
LINK $8.48 +2.62%
HYPE $54.54 -0.28%
AAVE $99.71 +1.57%
SUI $0.7007 +2.53%
XLM $0.1726 +0.47%
ZEC $474.49 +2.56%

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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