Long-term Bitcoin holders have accumulated a large amount of positions between $93,000 and $109,000. This price range has become a major resistance level in the market, with ample supply. To break upward, Bitcoin needs to overcome the strong selling pressure here — this will not be easy. Investors should closely monitor the performance within this range.
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CoffeeOnChain
· 9h ago
The 9.3-10.9 range is really tough; it looks like it will take a long time to grind through.
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LiquidationWizard
· 9h ago
93,000 to 109,000 is really a tough nut to crack, big players are holding onto their chips tightly.
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GateUser-bd883c58
· 9h ago
The 93,000-109,000 range is indeed a tough barrier. Large investors' chips are stacked here.
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GateUser-75ee51e7
· 9h ago
The 93,000 to 109,000 range must be toughly fought for; Lao Zhuang definitely won't let go so easily.
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consensus_whisperer
· 9h ago
How to break through this resistance level... Easier said than done
⚠️ Key Resistance Zone Alert
Long-term Bitcoin holders have accumulated a large amount of positions between $93,000 and $109,000. This price range has become a major resistance level in the market, with ample supply. To break upward, Bitcoin needs to overcome the strong selling pressure here — this will not be easy. Investors should closely monitor the performance within this range.