Data: The options market reinforces bitcoin's range-bound pattern, with the fluctuation range between $81,000 and $95,000.
ChainCatcher reported that glassnode released its weekly market analysis, stating that the market continues to fluctuate within a fragile and time-sensitive structure, influenced by a large supply, continuously rising realized losses, and persistently weakening demand. The price was blocked near $93,000 and then fell back to $85,600, reflecting the dense supply accumulated in the $93,000 to $120,000 range, with previous strong buyers continuously suppressing price rebounds.
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