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TechFlow reported on February 21 that according to IntoTheBlock data, a total of 2.76 million addresses purchased 2.1 million BTC at an average price of $97,100, forming a large-scale demand zone below the current market price. Analysis suggests that if the market faces further downward pressure, this price area could act as a strong support level.
According to IntoTheBlock data, a total of 2.76 million addresses purchased 2.1 million BTC at an average price of $97,100, forming a large demand zone below the current price level. Analysis suggests that if the market faces further downward pressure, this price zone could act as a strong support area.
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