BTC nears a high-volume consolidation zone, key support level signals hidden trends
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PRO Chip Distribution data shows: Over the past six months, 50% of BTC trading chips have been concentrated in the $65,138.49 to $76,578.12 range. Currently, the BTC price is positioned above the chip concentration area, about 0.75% away from the upper edge of the range. This location was previously a key resistance point for breakthroughs and has now been converted into potential support. If the price tests this level again and is able to find effective support at $76,578.12, it would suggest that the previous breakout was valid and the price trend may continue. PRO users can use the "Chip Distribution" indicator to confirm changes in trading volume at this support level and assess the strength of the support. Data is for reference only.
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