After several weeks of consolidation between 100,000 and 110,000 dollars, Bitcoin has resumed its upward momentum, breaking through a new high of 122,000 dollars. According to the Cost Basis Distribution (CBD) heatmap, this consolidation phase saw significant accumulation in the 93,000 to 97,000 dollar and 104,000 to 110,000 dollar regions.

Breaking through these dense supply clusters may now establish strong support, laying a potential foundation for future market corrections.