On-chain data highlights: BTC is consolidating between 84,000 and 85,000, with two resistance levels to watch out for!

On the 28th, the latest on-chain analysis by analysts shows that the CBD cost distribution heatmap indicates there are two key resistance zones for BTC—94,000 to 98,000 and 101,000 to 118,000. Notably, 98,000 is the historical fair price, and 104,000 is the average cost for short-term holders. A rebound to these two ranges is likely to encounter resistance.

Recently, around 950,000 BTC has accumulated in the $84,000 to $85,000 range (after excluding the 550,000 BTC from the Coinbase wallet consolidation, the actual turnover is 400,000 BTC), which clearly shows the signs of whales increasing their holdings after the decline. The support strength here is very strong.

In simple terms: the strong support accumulation zone is between 84,000 and 85,000, and for upward movement, we first look at the resistance pressure between 94,000 and 98,000. Only by getting the rhythm right can one accurately catch the wave segments~
#十二月降息预测