In a recent analysis of on-chain data, two significant resistance levels were identified in the UTXO Age bands (realized price), which are of particular interest to short-term investors. The first resistance level is at approximately 69K, which corresponds to the 1-4 week UTXO. The second resistance level is at around 66K, relating to the 1-3 month UTXO.

When short-term investors start to turn a profit, they often begin to discuss Bitcoin with their peers. This can lead to an influx of new investors entering the market, a critical factor in sparking a bull rally. Given the potential market implications, these two resistance levels are being closely monitored.

Please note that these levels are approximate, and more detailed information can be found in the accompanying visual. This analysis was provided by Burakkesmeci.