BTC short-term focus on potential resistance at $106,200 and potential support at $97,500

According to CryptoQuant analyst burakkesmeci, the average entry price for short-term Bitcoin holders is: $106,200 for 1 to 4 weeks, $87,300 for 1 to 3 months, and $97,500 for 3 to 6 months.

The analysis points out that short-term holders are prone to panic when they are in a loss, and when the price returns to the breakeven point (such as $106,200), they may choose to sell, creating potential resistance. For over-the-counter buyers, a price range similar to $97,500 may be seen as a buying opportunity, becoming a support level.

In the short term, attention should be paid to two key points: potential resistance at $106,200 and potential support at $97,500, as these price levels reflect the market's fear and opportunity. $BTC