Bitcoin’s $75K cost basis emerges as key support zone for current bull trend
Bitcoin is finding critical price support near $75,000 as various investor cost-basis levels converge in a narrow, highly sensitive range.Summary
Bitcoin is currently consolidating around a critical support zone near $75,000, where several key investor cost-basis metrics overlap. This cluster includes the one-to-three-month holder average at $75,620 and the US spot ETF weighted average cost basis of approximately $76,700. These overlapping levels create a concentrated area of realized and unrealized positioning.
Analysts emphasize that holding above these cost-basis levels is essential for maintaining bullish sentiment. By trading above the adjusted realized price, a larger share of investors remains profitable, which can foster stronger long-term conviction. Current derivatives data suggests a tight liquidity corridor, with significant liquidation risks looming if the price breaks outside the $74,000 to $80,000 range.
(Source：Cointelegraph)