Today, let's take a deep dive into the Unrealized Realized Price Distribution (URPD) of Bitcoin (BTC), with a particular focus on the situation after the ATH. Currently, the BTC price is hovering around $122,000, and we can identify six main support or dense trading areas from the chart.



The most notable support zone is between $93,500 and $98,500, where approximately 1,588,000 BTC are concentrated, forming the largest chip concentration currently. Just above it is the range of $103,500 to $108,500, which has also accumulated about 1,423,000 BTC. Combining these two areas creates a strong support band between $98,500 and $108,500, totaling over 3,000,000 BTC, which is the most solid defense line below at present.

Looking down, the range of 59,000 to 64,000 USD has about 1,314,000 BTC, which is a long-standing support level. After breaking through the ATH, the 37,000 to 43,000 USD range with 1,111,000 BTC and the 26,000 to 30,500 USD range with 909,000 BTC seem relatively distant for the time being. The bottom range of 16,000 to 22,000 USD still has about 1,187,000 BTC.

It is worth noting that there is a key data point: the number of 'zombie coins' that have never been moved since being mined is as high as 3,321,000, which exceeds the amount of any single support zone shown in the chart, highlighting the firm belief of long-term holders (HODLers).

Overall, the current price of $122,000 is in a delicate position. Above is an unexplored area, and although there are fewer trapped positions, the strength of buying still needs further validation. Below, especially in the range of $98,500 to $108,500, there is a significant amount of chip support, which will be an important defense line during a pullback. The area around $59,000 serves as deeper support.

Investors should not be disturbed by short-term fluctuations. There is strong support at the bottom, and the importance of key support levels depends on their trading volume. In this market full of opportunities and challenges, it is crucial to remain calm and rational.
BTC-1.15%
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IfIWereOnChainvip
· 08-14 11:50
The rebound point is too obvious.
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BlockchainDecodervip
· 08-14 11:49
The data supports the rationality of chip distribution.
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AirdropDreamBreakervip
· 08-14 11:48
At a glance, it's time to da moon!
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DuckFluffvip
· 08-14 11:40
increase the position and get liquidated
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degenonymousvip
· 08-14 11:32
All in BTC for a year now
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