The latest distribution #data shows significant clusters of coin accumulation. Here’s the breakdown:, Main Scenario: Consolidation (60-70% probability) The bulls are currently showing weakness, with $71k, $73k acting as solid resistance. However, a strong support cluster has formed near $60,000. The price is expected to remain in the $60k, 72k range as liquidity builds ahead of the next #major move., #Bullish Breakout (15-25% probability) If we break above $72,000, the next target is the $83k, $85k cluster. This zone will likely pause the rally, giving the market time to breathe and decide on the next direction., #Bearish Correction (5-15% probability) A drop below $60,000 could lead to a slide toward $54k, $55k (local bottom). In a "black swan" event (e.g., #major bankruptcy), we could see a flash crash toward the $40,000 zone as clusters liquidate. Summary: The market is coiled. Watch the $60k support and $72k resistance levels closely. #crypto
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
📊 #BTC: Cost Basis Heatmap Analysis
The latest distribution #data shows significant clusters of coin accumulation. Here’s the breakdown:, Main Scenario: Consolidation (60-70% probability)
The bulls are currently showing weakness, with $71k, $73k acting as solid resistance. However, a strong support cluster has formed near $60,000. The price is expected to remain in the $60k, 72k range as liquidity builds ahead of the next #major move., #Bullish Breakout (15-25% probability)
If we break above $72,000, the next target is the $83k, $85k cluster. This zone will likely pause the rally, giving the market time to breathe and decide on the next direction., #Bearish Correction (5-15% probability)
A drop below $60,000 could lead to a slide toward $54k, $55k (local bottom). In a "black swan" event (e.g., #major bankruptcy), we could see a flash crash toward the $40,000 zone as clusters liquidate. Summary: The market is coiled. Watch the $60k support and $72k resistance levels closely. #crypto