Analysis: BTC Lacks Historical Price Support in the $70,000 to $80,000 Range

According to Odaily, data from Investing.com and Glassnode shows that BTC only experienced 28 trading days in the $70,000 to $79,900 range, and just 49 trading days in the $80,000 to $89,900 range. In contrast, lower price ranges such as $30,000 to $39,900 and $40,000 to $49,900 each saw nearly 200 trading days. UTXO Realized Price Distribution (URPD) data also indicates a significant lack of supply concentration between $70,000 and $80,000. These data suggest that the support strength for BTC in the $70,000 to $89,900 range is weaker than the previous $50,000 to $70,000 level. If the market enters a correction phase, this range may require more time for turnover to establish support.