Glassnode just dropped some tasty on-chain numbers. Long-term holders are sitting on 1.44 million BTC between 62k and 65k. That is a thick support floor right under the market.
Up top, 1.05 million $BTC is stacked between 83k and 86k. That looks like the next supply test, not a ceiling that stops the move.
Price is already holding well above that lower cluster. If this support keeps holding, the path toward that higher wall stays open. LTH conviction looks solid so far.
Up top, 1.05 million $BTC is stacked between 83k and 86k. That looks like the next supply test, not a ceiling that stops the move.
Price is already holding well above that lower cluster. If this support keeps holding, the path toward that higher wall stays open. LTH conviction looks solid so far.
