CryptoQuant: BTC short-term needs to follow the potential resistance at $106,200 and the potential support at $97,500.

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PANews, June 9 news, according to CryptoQuant analyst burakkesmeci, the average entry price for short-term Bitcoin holders is: 1 to 4 weeks at $106,200, 1 to 3 months at $87,300, and 3 to 6 months at $97,500. Analysis indicates that short-term holders are prone to panic when facing losses, and may choose to sell when the price returns to the breakeven point (such as $106,200), creating potential resistance. For over-the-counter buyers, a price range similar to $97,500 may be seen as a buying opportunity, becoming a support level. In the short term, attention should be paid to two key points: the potential resistance at $106,200 and the potential support at $97,500, as these price levels reflect the market’s fear and opportunity.

BTC-1.65%
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