Glassnode sees $95K-$97K as Bitcoin's next major test
- —Next major resistance at $96,700, near concentrated options positioning
- —Holding $84,000 keeps the path open; a break below puts $77,000 back in focus
- —US spot Bitcoin ETFs attracted about $1.3 billion over five days
- —Exchange volumes up 121% since the rally began; 72.5% of altcoins outperformed BTC
Why it matters: A break above $96,700 would confirm the rally's continuation, while losing $84,000 shifts focus back to $77,000 support.
Source: Crypto Briefing