IntoTheBlock: Bitcoin may form resistance at $96,000 in the short term
2025-03-03 11:30:09
According to IntoTheBlock's analysis, volatility in the crypto market has returned, and the data accumulated on-chain can provide valuable reference for identifying potential support and resistance levels. In the short term, about 1.66 million bitcoins are currently in the red, and these holders may choose position squaring when the price returns to the cost price, thus forming a key resistance level near the 96,000 dollar.
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