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Analysis: Bitcoin Price Shows Strong Bottom Support Amid Potential Pullback
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According to ChainCatcher, citing glassnode data, the current BTC price remains above the cost basis of all short-term holder (STH) subgroups, with the cost basis for the 24-hour to 3-month range between $110,000 and $117,000. This price range overlaps with a low trading volume area, indicating strong bottom support in the event of a potential pullback.
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Bitcoin
BTC
$102,492.88
-1.28%
Ethereum
ETH
$3,330.86
-5.23%
Tether USDt
USDT
$0.9999
+0.02%
XRP
XRP
$2.24
-1.14%
BNB
BNB
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+0.54%
Solana
SOL
$157.97
-2.17%
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USDC
$0.9998
+0.00%
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TRX
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+2.15%
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ADA
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