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AAVE $92.11 -17.33%
SUI $0.9537 -1.40%
XLM $0.1698 +0.47%
ZEC $330.25 +2.39%
BTC $75,479.00 -0.67%
ETH $2,328.32 -1.10%
BNB $622.28 -1.85%
XRP $1.43 -0.43%
SOL $85.39 -1.55%
TRX $0.3297 +0.49%
DOGE $0.0945 -1.50%
ADA $0.2475 -1.40%
BCH $440.19 -1.21%
LINK $9.19 -1.91%
HYPE $43.23 -2.23%
AAVE $92.11 -17.33%
SUI $0.9537 -1.40%
XLM $0.1698 +0.47%
ZEC $330.25 +2.39%

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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