IntoTheBlock： Bitcoin's short-term key resistance level is around $96000

According to BlockBeats, on March 3rd, IntoTheBlock analyzed the current market situation based on the distribution of holding costs on the Bitcoin chain as follows: In the short term, the key resistance level for Bitcoin is around $96000, with approximately 1.66 million BTC currently in a loss making state. Fear emotions may prompt these holders to sell at breakeven prices, thereby becoming resistance to upward movement.