BREAKING
96d 22h ago

Bitcoin UTXO Realized Price Distribution Indicates Weak Support Under $104,800

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

COINOTAG News, November 4, cites analyst @ali_charts applying Glassnode’s Bitcoin UTXO Realized Price Distribution framework to gauge on-chain liquidity and risk in the market.

The analysis indicates that below roughly $104,800, the pool of UTXO backing the price is comparatively sparse, signaling weaker buy-side concentration at lower price bands.

Consequently, a move toward that threshold could influence price stability as holders reassess risk and capital deployment, underscoring on-chain liquidity dynamics that traders and risk managers should monitor in the current cycle.

Share News:
Don't Miss Breaking News