The long-term holder supply distribution heatmap shows a dense cluster of cost basis within the $93K to $109K range, forming a clear upward pressure zone. For Bitcoin to continue breaking through this price band, it must first absorb the supply in this area. Generally speaking, only when the price decisively breaks through this range can the upward potential truly open up. Currently, this $93K-$109K zone acts like a barrier; the more long-term holders choose to cash out here, the more limited the subsequent upward potential will be.