CryptoQuant: The resistance level for Bitcoin may be around $91,000 to $92,000

ChainCatcher news, CryptoQuant Research Director Julio Moreno stated on the X platform that the resistance level for Bitcoin price may be around $91,000 to $92,000, an area that coincides with the on-chain realized price for traders. According to the analysis, when the market is in a bull market (bull market score ≥ 60), this realized price typically acts as support; whereas in a bear market (bull market score ≤ 40), this price acts as resistance. The current market is still considered to be in the latter situation.