What to know : Glassnode data shows roughly just 1% of bitcoin’s circulating supply sits between $72,000 and $80,000, creating a low resistance zone often referred to as an “air pocket.” CoinDesk Research notes more than 400,000 BTC were accumulated between $60,000 and $70,000 during the recent pullback, potentially strengthening support below current levels.
Bitcoin’s “air pocket” is once again coming into focus as the largest cryptocurrency by market capitalization rose on Wednesday to just below $72,000.
The air pocket refers to a thin area of supply between $72,000 and $80,000, where relatively few coins last changed hands, according to data from Glassnode.
Roughly just 1% of the circulating bitcoin supply sits within this range. Because so few holders established positions there, the market may encounter limited resistance if prices begin moving through the zone. In practical terms, that means if bitcoin pushes decisively above $72,000, the move toward $80,000 could occur relatively quickly.
Historically, bitcoin has spent very little time trading in $72,000 to $80,000 region. One instance came in November 2024, when prices surged rapidly after Donald Trump’s U.S. presidential election victory, quickly moving through the range without forming much trading volume.
A second example occurred earlier this year, when bitcoin fell from around $80,000 to $70,000 at the end of January, before sliding further to roughly $60,000 by Feb. 6, a decline that unfolded over just a few days.
The supply dynamics are visible through Glassnode’s Realized Price Distribution (URPD) metric. URPD shows the price levels at which the current set of unspent transaction outputs were last moved, effectively mapping where existing bitcoin holders acquired their coins.
CoinDesk Research notes that during bitcoin’s recent consolidation between $60,000 and $70,000, more than 400,000 BTC were accumulated, showing strong support below current levels.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
