IntoTheBlock
IntoTheBlock|Mar 03, 2025 11:07
Volatility has returned to crypto, and on-chain accumulation data can be invaluable in pinpointing potential support and resistance zones. In the short term, a key resistance level appears around $96k, where roughly 1.66 million BTC is currently being held at a loss. Fearful sentiment can trigger these holders to sell at break-even prices, thus providing resistance
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