CryptoQuant analyst indicates that Bitcoin is approaching the average cost price level of $81,500

CryptoQuant analyst MorenoDV_ pointed out that bitcoin is currently trading near the average purchase cost of investors, around $81,500. If it falls below this psychological threshold, it may turn into a selling pressure zone. The market sentiment indicator AVIV ratio shows that bitcoin is in a consolidation phase with low volatility, and investors are adjusting their positions. If the price holds above $81,500 and the AVIV ratio remains stable, the trend is likely to continue; if it falls below this level, confidence may weaken and the price could decline further.