<ul data-eligibleForWebStory="true"><li>Glassnode's BTC CBD Heatmap identifies a crucial support zone for Bitcoin between $95,500 and $97,000, below the short-term holder cost basis at $98,000.</li><li>This support region is considered essential for maintaining the current bullish market structure.</li><li>Sustaining the price above this range is crucial to continue the broader bullish trend, while a breakdown below could trigger a bearish phase.</li><li>The on-chain volume accumulation in this area signifies its significance as a key battleground for market sentiment.</li><li>Market participants are closely monitoring price movements for signs of support or weakness.</li><li>If the support zone holds, Bitcoin could potentially rise towards $111,000 and higher.</li><li>However, a drop below $95,000 could increase downside volatility as short-term holders go underwater.</li><li>Bitcoin's current price position just above the $95K supply cluster is a key focus for traders and investors.</li></ul>

Bitcoin Price Holds Above $95K Supply Cluster—Key Bullish Threshold in Focus

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