CryptoQuant: BTC needs to pay attention to potential resistance of $106200 and potential support of $97500 in the short term

According to CryptoQuant analyst Burakkesmeci's analysis, the average entry price for short-term Bitcoin holders is $106200 from 1 week to 4 weeks, $87300 from January to March, and $97500 from March to June. Analysis suggests that short-term holders are prone to panic when losing money, and may choose to sell when the price returns to the break even point (such as $106200), creating potential resistance. For off exchange buyers, a price range of $97500 may be seen as a buying opportunity and become a support level. Short term domestic demand focuses on two key points: potential resistance of $106200 and potential support of $97500, which reflect market fears and opportunities.