glassnode: A large amount of BTC has formed a supply cluster around $98,000 in the past 45 days, potentially establishing a key support level

ChainCatcher message, glassnode posted on platform X that a large amount of Bitcoin has changed hands in the $94K - $101K range over the past 45 days, forming a dense supply cluster around $98K. Typically, the longer the price consolidates within or above this range, the stronger the area becomes, acting as support during corrections and resistance during rebounds.

In summary, the $98,000 level is becoming a key pivot area for Bitcoin's next move.