**[Analysis: Why Is Bitcoin's $82,000 Level Difficult to Break? A Game of Concentration Between Short-Term Holders and Whales]** BlockBeats News, September 12, analyst Murphy published an article discussing why Bitcoin's $82,000 level is difficult to break. From the perspective of token structure, some clues may be observed. Firstly, the tokens held by short-term holders (STH) are distributed between $59,000 and $81,000 (red in Figure 1). Breaking through $82,000 would mean that all STHs are in profit. Some short-term speculative funds may choose to take profits, creating the first layer of selling pressure. Secondly, while the tokens held by long-term holders (LTH) are distributed across the entire price axis, the most concentrated token peak is precisely located between $81,000 and $82,000 (blue in Figure 1). These LTHs are not necessarily true believers; some may have passively become long-term holders after buying at higher prices and being locked in. When the price approaches their breakeven point, they may choose to exit, creating the second layer of selling pressure. Furthermore, this area is also a concentration zone for super whales. Whales holding more than 100,000 BTC have two major clusters near $40,000, but the rest are concentrated between $78,000 and $82,000. The analyst believes that breaking through $82,000 does indeed face resistance in the short term. The market needs time to digest differences and absorb supply. Once the market regains momentum and successfully breaks through, the path ahead will be much smoother. [Original Link]