Glassnode: $97,000 is the key resistance level for Bitcoin

Odaily News Glassnode posted on the X platform that if BTC wants to return to the $100,000 mark, it still needs to clear a lot of supply above. Cost basis distribution data shows that there is a particularly dense area at about $97,000, where investors hold about 392,000 BTC. Some investors may choose to sell at the break-even point, so this area has become a key resistance area.