glassnode: $98,000 is the key threshold for BTC's recent rebound breakthrough

Odaily Planet Daily reports that Glassnode on the X platform stated that the STH-NUPL indicator (measuring the ratio of unrealized gains and losses of new investors relative to the market value of short-term holders) shows that since November 2025, new investors have been in a state of net unrealized losses. Analysis indicates that to bring this group back to a net profit state, the price of Bitcoin needs to rise to over approximately $98,000.

This data reflects a short-term market pressure situation, and the recovery of short-term investors’ profits still depends on Bitcoin’s price stabilizing and breaking through key resistance levels.

BTC-2.14%
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