The lower edge of the new cost area,

this position was originally a place that could withstand.

But glassnode says the chip density is weak,

this is the key.

Historically, there have been accumulations that could pull up,

the density is at a level—now it is obviously not reached.

There is a structure,

but the force has not kept up.

This state, to put it bluntly, is:

Someone is waiting,

but no one dares to take the lead.

Before the upward momentum signal appears,

this range is said to be support,

but it actually looks more like a tug-of-war. ......

BTCUSDT

Perp

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