Market trends are often rewritten in a split second decision.



From the heatmap of long-term holders' supply distribution, the current Bitcoin cost concentration zone is between $93,000 and $109,000, where a considerable amount of chip supply is accumulated. To continue upward, BTC must effectively absorb the chips in this area. This is not something that can be resolved with a gentle rise; it requires a clear breakout signal combined with trading volume to open the way for subsequent attempts to reach new highs.

The problem is, what if multiple attempts fail to break through this range effectively? Then a correction to around $85,000 for a longer-term consolidation becomes very likely. Even more troublesome, if a black swan event suddenly hits during the consolidation, this three-year bull market cycle could come to an end.

From another perspective, during the bear market phase, the chip concentration point is at $65,000, which forms a long-term support line and is an important reference for future market movements.
BTC-0.31%
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DuckFluffvip
· 01-18 03:32
The dense zone from 93,000 to 109,000 is really stuck tight; if it can't break through, we have to accept it and expect a pullback.
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MetaMaskVictimvip
· 01-17 18:47
9.3-10.9 This wall is really annoying. If we can't break through it suddenly, we might have to go back to 8.5 and re-queue.
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DefiVeteranvip
· 01-17 12:17
Oh my, the 9.3-10.9 range is really a hurdle. If we can't break through this time, it feels like we have to turn back. A sudden decision to change direction—this is too intense... It's basically betting on a black swan. If the three-year bull market ends like this, I might cry to death... Still, I'll keep a close eye on the 65,000 level.
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MetaMuskRatvip
· 01-17 01:23
Honestly, this 9.3-10.9 range is like a deadlock. If we can't break through it, we'll have to pull back. I'm betting we can push past it this time.
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TxFailedvip
· 01-15 06:52
honestly the 93k-109k range is just asking to get rekd... learned this the hard way with every failed breakout attempt lmao
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DegenGamblervip
· 01-15 06:48
The wall between 93,000 and 109,000 feels like it's going to take a long time to break through, or should we just go back to 85?
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GasFeeCrybabyvip
· 01-15 06:43
9.3-10.9K is really such a difficult hurdle, it feels like either a breakout or a crash.
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ForkPrincevip
· 01-15 06:34
The fortress of 93,000-109,000 is really stuck. It feels like either a breakout and surge or a need to step back and reorganize. There's no third option.
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LiquidationSurvivorvip
· 01-15 06:34
The range from 9.3 to 10.9 is really a hurdle; it feels like a breakthrough is necessary. Well... honestly, if a black swan comes, it's game over. The gains over these 3 years might have been for nothing. 60,000 is probably the bottom line; if it drops to that level, a rebound is likely. If it can't break through, it's just consolidation; if the consolidation isn't good, then a decline follows. The logic is sound. Rather than guessing the trend, it's better to look at trading volume—no matter how much hype there is, if the volume doesn't cooperate, it's all pointless. Changing direction in an instant—this really hits home. It often happens just like that. The bulls and bears are fighting fiercely at this price level; whoever admits defeat first gets "bloodsucked."
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0xDreamChaservip
· 01-15 06:25
The 9.3-10.9 range is stuck, it's really a matter of life and death. If it can't break through, it will fall back to 8.5. If a black swan comes, the three-year bull market is all over, the risk is just too high. It depends on whether the trading volume cooperates; if not, everything is pointless. ¥65,000 is the last line of defense. If it's broken, it will be really troublesome. Caution is still necessary. A moment's decision can change the direction. Well said, but I'm afraid of catching the bottom halfway up the mountain.
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