Glassnode: Bitcoin rebound stalls at $83,000–$86,000 supply zone, market returns to consolidation
Source：
x.com
Glassnode reported that a mid-August short squeeze propelled Bitcoin back toward $80,000, but prices encountered resistance below the supply zone above its long-term baseline and subsequently pulled back to approximately $76,000. On-chain data shows that as Bitcoin approached $78,000, the profit share rose from 65% in May to 68%, indicating that potential selling pressure has increased following the summer reallocation of holdings.
