[Analyst: If Bitcoin Fails to Break Through $66,000 Effectively, Risk of a Short-Term Peak Rises] BlockBeats News, July 19 — Glassnode's Chief Research Analyst CryptoVizArt published an article stating that the heatmap of short-term holders' cost basis distribution shows a new round of chip transfer to new buyers in the $62,000 to $65,000 range during Bitcoin's rebound from $57,000. He believes this structure has a dual nature. On one hand, buyers actively accumulated during the price increase, potentially forming a new cost basis support, creating conditions for Bitcoin to further test the $66,000 level and beyond. On the other hand, this round of chip accumulation is heavily concentrated near the tail end of the local rebound. If Bitcoin fails to effectively break through $66,000, the risk of the market forming a short-term peak will rise. $66,000 is the key short-term level to determine the outcome of these two scenarios. [Original Link]