CryptoSlate analyzed that BTC is facing strong resistance around $80,000. The media outlet stated, "According to on-chain analytics firm Glassnode, approximately $80,100 is the average purchase price for buyers within the last 155 days, and when the price approaches this level, a large volume of 'break-even selling' tends to emerge. In fact, the realized profit of short-term holders has increased to $4.4 million per hour, about three times the benchmark level of this year's peak. While ETF inflows continue, the pace has slowed, and if demand cannot sufficiently absorb the selling pressure, there is a possibility of a correction down to the $75,000 range."
