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Glassnode: The encryption strategy reserve has turned into a "sell the news" event, with the current key price level for BTC at $92,000.
Odaily Planet Daily News According to the announcement of the establishment of a strategic encryption reserve by Trump, BTC briefly Rebounded, but the market analysis company Glassnode pointed out that the strategic encryption reserve has become a “sell news” event, as the market price quickly fell and fell to the level before the announcement of the strategic encryption reserve. The short-term holder (STH) cost basis is $92,000, which is a key level to follow, as historically $92,000 has been an important reference level in the Bull Marketrise trend. Glassnode analysts explained, “The decisive reaction of the short-term holder’s cost basis around $92,000 seems to be a key level to monitor the current market trend. If the market deteriorates further, the $71,000 area will become a new key area.” (Cointelegraph)