Analysis: Bitcoin Enters Key Validation Range, ETF Cost and CME Gap Become Focus

Odaily Planet Daily News Coin Bureau co-founder and CEO Nic Puckrin stated on platform X that Bitcoin has broken through the $80,000 mark, hitting a new high in nearly three months, and has re-entered several key technical and on-chain indicator ranges, including the middle of the CME gap ($79,000-$84,000), the bull market support band, and has risen above the short-term holder realized price and the real market average.

Nic Puckrin's analysis indicates that if Bitcoin's price can stabilize within the current range, the next levels to watch include the ETF average cost range of approximately $83,000 and the upper edge of the CME gap around $84,500. Overall, Bitcoin's short-term trajectory has entered a critical validation phase, and the market may be facing a more volatile trading window.