Glassnode: Bitcoin Resistance at $85,000–85,500, Support at $77,200
- —US spot Bitcoin ETF inflows hit roughly $1 billion on two days in late September before fading sharply
- —Key resistance sits at $85,000–85,500, where sell orders are concentrated
- —First support is the Real Market Average at $77,200
- —Total BTC trading volume is near the low end of the range since US spot ETFs launched
Why it matters: Low volume and fading ETF demand suggest the rally is early and speculative, so a break above $85,500 or a loss of $77,200 will set the market's direction.
Source: Bitcoin Sistemi EN