BTC has retraced to 80,000 dollars, forming a new support zone. On-chain data shows that someone is holding firm at this position.

2025-12-01 10:00:18

[Coin World] Bitcoin pullback to around 80,000 has led to interesting changes in on-chain data — this price level has formed a new cost basis concentration area.

From the heat map, the $80,000 level has become one of the thickest support zones. In simple terms, recent buyers are likely to hold firm at this position. After all, no one wants to be trapped right after buying, and the defensive intention of this new capital might be stronger than expected.

The accumulation action in the market within this range is quite obvious, and next we will see if this group of new investors can hold their ground.

BTC-2.97%

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GweiTooHigh

· 12-02 08:01

There are indeed quite a few dumb buyers at this stage of 80,000. Just look at the heat map to know that the new entrants are a bit uneasy. Let's see how long they can hold out.

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MEVHunterNoLoss

· 12-01 14:40

80,000 is really a dead zone, new retail investors who get trapped in will definitely try to stabilize the market.

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Anon4461

· 12-01 10:27

80,000 is a tough hurdle for new retail investors to bear... To put it simply, they just don't want to cut loss.

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AltcoinTherapist

· 12-01 10:22

80,000 has caused so many people to die at this level, it really just turned new suckers into defenders.