PANews June 7 news, on-chain analysis platform Glassnode posted on X platform stating that due to the recent transfer price of BTC being close to historical highs, the cost basis of short-term holders provides key insights, with the current basis price at $97,100. In addition, the two key price thresholds for Bitcoin based on standard deviation ranges are $114,800 (+1σ) and $83,200 (-1σ), and breaking above or below this range may determine the next major market trend.