Analysis: $105000 may be the next key support area

According to BlockBeats, on August 1st, according to Sentora (formerly IntoTheBlock) data, only about 7.9% of the circulating supply of Bitcoin is currently in a loss making state, indicating that a large number of chips are concentrated in the current price range of $121000. If the price further rebounds, the area around $105000 may become the main support zone, which has seen a historical buying behavior of around 900000 BTC.