Glassnode: $98,000 is the key point for BTC's subsequent trend

According to Glassnode’s post on the X platform, a large amount of Bitcoin has changed hands in the $94,000 to $101,000 range in the past 45 days, forming a dense supply cluster around $98,000. Generally, the longer the price consolidates in or above this range, the stronger the support in this area, whether it acts as support in price corrections or as resistance in price rebounds. In summary, the $98,000 level is becoming a key pivot area for Bitcoin’s next move.