Glassnode: Supply concentration in the $80000 to $95000 range of Bitcoin hinders rebound

On January 15th, Glassnode analyzed the short-term holder cost base distribution (CBD) heatmap of Bitcoin, and found that the consolidation of Bitcoin prices in the $80000 to $95000 range was due to supply concentration, which posed resistance to the recent buyer cost base. The heat map shows that the supply in this range has hindered multiple attempts at rebound, although buying interest has increased after the pullback.