Odaily News Data from the on-chain analysis platform Glassnode shows that long-term holders (LTHs) have accumulated more than 250,000 BTC since March 2025, bringing their total holdings to more than 14 million, showing strong confidence in the market. Short-term holders (STHs) also increased their net holdings by about 25,000 BTC in the past week, ending the previous months of continuous selling trend.
At the same time, inflows into Bitcoin ETFs have accelerated in the past two weeks, and corporate-level Bitcoin reserves have continued to grow, further supporting market demand.
Technical analysis shows that $99,000 is seen as a potential profit-taking area and has become the current key resistance level. The current price is close to this level, and the market is paying attention to whether it can break through and continue to rise. (CoinDesk)