Analysis: Focus on the $99,000 historical price equilibrium line, which has not been able to rise above after previous bull/bear conversions.

By: theblockbeats.news|2025/11/27 05:22:49
0
Share
copy

BlockBeats News, November 27th. On-chain data analyst Murphy published an analysis stating that after a strong panic sell-off, BTC saw a rebound, with the market focusing on the $99,000 historical fair price line, which is the average premium of BTC relative to the average buy-in price in history. In the previous two cycle bear-to-bull transition phases, BTC rebounded multiple times after breaking below the fair price line but failed to effectively reclaim it, eventually entering a deep bear phase.

The current selling pressure comes from two aspects: first, short-term high-level trapped chips are cutting losses under pressure, exacerbating the market's panic sentiment. A massive panic sell-off was observed on the 21st. Second is the selling of long-term profit-taking chips, even though BTC has retraced over 30% from its peak, for most long-term holders, they still hold a large amount of unrealized profit chips.

You may also like

Do you want to buy CRCL?

A detailed breakdown of Circle's business fundamentals and valuation logic: The panic over OUSD and the market correction have triggered a short-term mispricing, presenting an opportunity for left-side positioning and legislative speculation below $60.

Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity

Federal Reserve Chairman Waller clearly stated at the ECB forum that the Fed will abandon forward guidance on interest rates, with future decisions relying entirely on real-time economic data. He noted that inflation risks in the U.S. have decreased over the past four weeks, but the ultimate impact ...

The most secretive AI winner

A century-old company that sells toilets and produces MSG has seen its stock price soar by "positioning" core materials for AI chips. This article clarifies the explosive opportunities for domestic substitution of semiconductor materials in the A-share market.

Looking at Stripe's ambitions and the future of stablecoins from OUSD

Stripe enters the stablecoin network battle with OUSD, a comprehensive look at the third paradigm evolution of digital dollars and the new infrastructure for global payments in the AI era.

From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?

The revenue from consumer applications on Solana is no longer solely reliant on meme coin issuance, but is gradually spreading to more consumption scenarios.

Dan Bin's latest speech: Don't miss out on a great era

Don't let hesitation trap your steps, and don't let shortsightedness waste the passing years—make sure not to miss this magnificent era that belongs to us.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Program:[email protected]