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Glassnode: Bitcoin Forms Important Support in $975-$99,000 Range, Costs Short-Term Holders Around $92,000
Bitget2025/02/05 19:26
Analysis shows that the $975-$99,000 range is forming a significant support level, well above the short-term cost basis for holders (~$92,000). Should the price fall below $975,000, unrealized losses would increase significantly, potentially exacerbating downside risks.
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Bitcoin
BTC
$115,767.09
-0.72%
Ethereum
ETH
$4,647.3
-0.03%
XRP
XRP
$3.11
+1.00%
Tether USDt
USDT
$1
-0.04%
Solana
SOL
$239.21
-0.73%
BNB
BNB
$929.73
+0.47%
USDC
USDC
$0.9999
-0.01%
Dogecoin
DOGE
$0.2867
+5.39%
Cardano
ADA
$0.9262
+2.27%
TRON
TRX
$0.3500
-0.18%
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