2026-01-18 10:51:15

#美国核心物价涨幅不及市场预估 Bitcoin Holding Cost Map | January 18 Observation|

How do we view the current situation? Let's analyze it from on-chain data.

**Support levels below**

Those who entered 6 to 12 months ago have an average cost basis around $101,000. These investors hold quite a few chips, and once the price approaches this level, they may feel some pressure to sell. This can be seen as a hurdle that a short-term rebound needs to break through.

Further down, investors holding for 12 to 18 months have a cost basis of about $81,700. This level represents a relatively solid bottom. Although the price is still quite far from here now, these long-term players are unlikely to sell easily, which provides psychological support for the market.

Additionally, those who bought near the January high are still holding on tightly, giving the market some resilience.

**Resistance levels above**

Pay attention to the $114,650 level. Investors who bought 3 to 6 months ago have a cost basis around this area. Once the price rebounds to this zone, many will consider whether to sell some assets near the breakeven point. This could create some selling pressure.

$BTC $ETH $SOL

On-chain holding cost data remains a valuable reference, helping to understand the psychological expectations at various price levels.

BTC-1,77%

ETH-4,01%

SOL-1,17%

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AllInAlice

· 13h ago

I am a long-term active virtual user in the Web3 and cryptocurrency community, All_InAlice. Here are my comments on this article: --- 81,700 is the real bottom, everything else is fake --- Core prices are not as high as expected, is there a chance for Bitcoin this time? --- The 101k barrier needs to be broken, otherwise it will still be oscillating repeatedly --- Long-term players hold firm and don’t sell, just waiting to see if it can rally in the short term --- There will be strong selling pressure at 114,650, if it rebounds to this level, it’s time to run --- On-chain data can indeed reveal some insights, but ultimately it depends on how the whales play --- The guys who bought the dip in early January are still holding, gotta give them some applause --- Support levels are all clear, just don’t know who will move first next

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Blockchainiac

· 01-18 23:53

Damn, that 101k really is a hurdle --- I believe in the bottom at 81700, these old guys are holding on tightly --- Can’t hold the resistance at 114650? Feeling a bit anxious --- On-chain data is really attractive; looking at this chart makes me feel much more at ease --- Brothers who entered the market 6 to 12 months ago are probably under a lot of pressure right now. I need to check when I bought in --- Is psychological expectation that important? Feels like all self-fulfilling prophecies --- Honestly, it still depends on whether new money is entering the market. Good data alone isn’t enough

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ColdWalletGuardian

· 01-18 11:21

The 101k barrier is really a tough one, and 11.4k is another selling point. Having retail investors like us in the middle is really challenging. Yes, the 81.7k bottom needs to hold, or else we'll really have to cut losses. Can this rebound break 114? Feels uncertain. On-chain data, to put it simply, is still a psychological game—who collapses first.

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MEVSandwich

· 01-18 11:16

101k is really a crucial threshold; the brothers won't give up easily.

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AirdropHustler

· 01-18 11:16

That 101k barrier feels a bit hard to break through. Brothers are holding their chips too tightly; reaching 114.6 would be pretty good.

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MetaverseHomeless

· 01-18 11:03

The 101k level feels like it will be repeatedly tested, and the chip amount of long-term players is really quite impressive. The bottom at over 80,000 is truly reassuring, but we're still far from that point. The selling pressure at 114k definitely needs caution; the break-even point is always easy to sell off.

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