According to @OnChainCollege, a significant number of Bitcoin was acquired by holders between the $95,000 and $98,000 levels. This price range now acts as a resistance zone, as many BTC holders may look to exit at breakeven. The situation is further intensified by increasing profits among long-term holders (LTHs), leading to additional potential sell pressure at this range. If Bitcoin achieves a decisive breakout above this resistance, it could pave the way for price discovery beyond the $100,000 mark. Traders should monitor this zone closely for signs of profit-taking and breakout momentum (source: @OnChainCollege, Twitter).

According to Mihir (@RhythmicAnalyst), Bitcoin is currently facing a significant resistance zone identified by the orange ring on the chart, which is likely to exert downside pressure on the price (source: Twitter, April 26, 2025). Traders should closely monitor this resistance area as it may trigger a short-term decline or increased volatility in BTC trading. This technical setup highlights the importance of resistance levels in Bitcoin price action and underscores the need for risk management strategies in the current market environment.