[glassnode: Bitcoin's Recent Attempts to Break Through $70,000 Face Resistance Due to Weak Liquidity] On-chain data analytics platform glassnode posted on the X platform, stating that since early February, every attempt by Bitcoin to reclaim the $70,000 level has faced demand exhaustion, leading to subsequent declines. Data shows that even a net realized profit outflow of just over $5 million per hour is enough to trigger a price pullback. In contrast, during the market's euphoric phase in Q3 2025, profit-taking volumes once surged to $200 million to $350 million per hour, yet prices were still able to maintain an upward trend, indicating significantly stronger buying power at that time. glassnode pointed out that the current market is in a structurally thin liquidity environment, making it a considerable challenge for Bitcoin to sustainably reclaim the $70,000 to $80,000 range, with the rebound process likely to be more turbulent.