Glassnode: BTC rebounded to the top of $80,000 and fell back to about $76,000

Glassnode stated that, on 19 August, empty pressure pushed the BTC to rebound to over $80,000, but was subsequently blocked below the $83,000-86,000 long-term holder-intensive supply zone and fell back to about $76,000. The chain data show that when the BTC was also in the region of $78,000, the share of the profit supply had risen from 65 per cent to 68 per cent in May, meaning that the current pressure on potential profit sales was at a lower level of $62,000-65,000, with $83,000-86,000 above still the core resistance。