Glassnode: BTC is gradually being filled by callbacks in the range of $109,000 to $116,000, and there is less selling in the range of $118,000 to $120,000

PANews reported on August 5 that according to Glassnode monitoring, the gap in the Bitcoin price range of US$109,000 to US$116,000 was gradually filled by market corrections, forming a step-by-step trend, indicating that investor participation has been relatively stable over the past month.

Meanwhile, the distribution in the $118,000 to $120,000 range remains relatively limited, suggesting that holders in this range tend to continue holding onto their coins.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
Coinbase will launch spot trading of Wrapped Ronin (WRON).
PANews Newsflash