Has the Lull in Bitcoin Lasted Too Long? Bitwise Identifies Two Levels That Could Separate the Bulls from the Bears

Bitwise's Bitcoin analysis published today notes that despite the price being confined to a narrow range, there is a significant divergence among investor groups. The company stated that Bitcoin ETF investors are showing resistance around the approximately $82,000 cost zone. Below this, short-term investors are drawing attention to the "True Market Mean" indicator around $77,600, with a cost level of approximately $74,800. According to Bitwise, these two indicators are important for assessing the short-term direction of the market.