⚡ According to Glassnode data, the cost base for short-term BTC holders is approximately $105400. Based on the standard deviation interval, we can see several segmentation points—— 141600 US dollars 125100 US dollars 105400 US dollars 92100 USD These subgroups of short-term Bitcoin holders form a cost band structure, which can essentially be seen as a momentum based indicator for measuring short-term market sentiment. From a more macro perspective, Bitcoin may continue to fluctuate within the range of $105000 to $125000 until a clear breakthrough occurs. If there is a strong breakthrough, the next resistance zone will be 141000!