PANews reported on February 27 that Markus Thielen, founder of 10x Research, said in a client report on Wednesday that in the worst case scenario, Bitcoin could fall to the $72,000 to $74,000 range, and expected that this area would become a potential rebound point. He pointed out that there is a lagging correlation between Bitcoin prices and global central bank liquidity indicators, which may have an impact on market trends.

Currently, the price of Bitcoin has rebounded from its previous low of $82,000 to $86,000. Thielen found that $82,000 is a potential demand zone by analyzing the on-chain indicator "short-term holder realized price" (that is, the average purchase price of wallets holding coins for less than 155 days). Historical data shows that in a bull market, Bitcoin rarely stays below this indicator for a long time, while in a bear market it may continue to stay below this level.

Thielen added that the consolidation pattern in the summer of 2024 showed that Bitcoin once fell below the indicator at $9,620. If a similar pattern reappears, Bitcoin may stabilize around $82,000 and enter a stable period. The indicator is currently at $92,800, and the market will pay close attention to its support for prices.