According to Odaily Planet Daily, Glassnode stated on the X platform that the cost basis for short-term holders is $88,000, which is a key level for assessing Bitcoin price momentum. The URPD indicator shows that trading volume below this baseline is low, and if it falls below this level, it may lead to further downward trends.
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Glassnode: The cost basis for short-term holders is a key level for Bitcoin
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