Glassnode： Bitcoin's key resistance level is around $97000, and breaking through faces significant selling pressure challenges

BlockBeats news, on April 23rd, Glassnode posted that if Bitcoin (BTC) wants to break through $100000 again, it still needs to clear considerable supply pressure. The cost base distribution data shows a particularly dense cluster at around $97000, with investors holding around 392000 bitcoins. Some investors may sell at the breakeven point, making the region a key resistance level.