glassnode: The $98,000 level is becoming a key pivot area for Bitcoin’s next move

Glassnode posted on X platform that a large amount of Bitcoin changed hands between $9,400 and $101,000 in the past 45 days, forming a dense supply cluster near $9,800. Typically, the longer the price consolidates in or above this range, the stronger the area becomes, serving as support during corrections and resistane during rebounds. In summary, the $98,000 level is becoming a key pivot area for Bitcoin's next move.