Glassnode Observes Bitcoin Boxed In

Bitcoin is boxed in between $80K and $87K as Glassnode highlights crucial price levels. Here's why traders should pay attention. Bitcoin is currently boxed in a narrow trading range between $80,000 and $87,000, according to analysis by Glassnode. This price action reflects significant trading dynamics, particularly around ETF and treasury cost bases. As traders navigate this tight range, the implications for future price movements could be considerable, especially with liquidation clusters forming in this zone. More details can be found in Glassnode’s analysis here .