Analysis: There are still three groups of trapped bitcoin holders above, with the most recent trapped positions at $88,880

BlockBeats News, May 7, according to CryptoQuant data, Bitcoin is currently holding steady at $80,000, but three groups of locked-in holders remain above this price, forming effective resistance.

3–6 months realized price: $88,880 — the first overhead resistance ceiling;

12–18 months realized price: $93,450 — the second wall;

6–12 months realized price: $111,850 — the heaviest resistance, 29% higher than the current price.

Analysis points out that for Bitcoin to confirm the bottom, the price needs to break through and hold above $88,880. Only then can the most recent group of holders return to profit and relieve the first layer of selling pressure.