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TechFlow, June 6 — According to on-chain data analytics platform Glassnode, long-term Bitcoin holders are gradually reducing their holdings. In the absence of strong upward catalysts, the risk of short-term correction is increasing. On-chain models indicate key support levels at $103,700 and $95,600. If profit-taking continues, these price points will become critical areas to watch.
According to data from on-chain analytics platform Glassnode, Bitcoin long-term holders are gradually reducing their holdings, and short-term correction risks are increasing due to the lack of strong upward catalysts. On-chain models indicate key support levels at $103,700 and $95,600. If profit-taking continues, these price points will become critical areas to watch.
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