Why is $82,000 so hard to break through? Maybe we can spot some clues from the chip structure. First, the short-term holders' chips (STH) are distributed between $59k-$81k (red in Figure 1). If it hits $82,000, it means all STHs are in profit. Some short-term speculative funds might choose to take profits, creating the first layer of selling pressure. Second, while the long-term holders' chips (LTH) are spread across the entire price axis, the most concentrated chip peak is right around $81k-$82k (blue in Figure 1). Not all of these LTHs are true believers—some are just stuck buyers who passively became long-term holders. When the price approaches their breakeven point, they may choose to exit. This creates the second layer of selling pressure. What’s even more critical is that this area is also a stronghold for the super whales. Those holding over 100k BTC—aside from two clusters near $40k—are mostly concentrated between $78k-$82k. Whoever has the stronger fists gets to call the shots. So, there’s no doubt that $82,000 faces resistance in the short term. The market needs time to digest the divergence and absorb the supply. But! Let’s flip the perspective: Once the market regains strength, and if it can break through this mountain in one go, what lies ahead will be smooth sailing...