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CryptoQuant: Bitcoin bull market cycle is not over yet, short-term support is at $100,000

According to online reports, according to analysis by CryptoQuant Weekly, as of now, the total position of whale addresses (addresses holding 100 to 1000 bitcoins) has reached approximately 5.16 million BTC, accounting for 26% of the circulation supply of bitcoins, making it the most important in the current market. Holding group. In 2025, Whale Address has increased its holdings of approximately 681,000 BTC units, while other address groups have seen a net reduction in holdings, indicating a trend for institutional investors to absorb retail investors to sell chips. The annual growth rate of whale holdings was 907,000 BTC, which was higher than the 365-day average of 730,000 BTC, indicating that long-term demand remains strong. However, short-term momentum has weakened, and if the monthly shareholding rate fails to accelerate again, Bitcoin prices may struggle to break through the new high of US$126,000. The current resistance level of Bitcoin price is US$115,000, and the support level is US$100,000. If it falls below US$100,000, it may trigger a further correction to around US$75,000.

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