Analysis: Long term holders of Bitcoin are gradually selling, with a focus on key support of $103700 and $95600

BlockBeats News: On June 6th, Glassnode released an analysis stating that long-term holders of Bitcoin are gradually selling and lack strong upward catalysts, and the risk of a short-term pullback is increasing. The on chain model shows key support intervals: the 0.95 SSD percentile value is approximately $103700, and the 0.85 percentile value is $95600- these will be price levels that need to be monitored if profit taking continues.