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Bitcoin is once again stuck around the $80,000 mark. Recently, heatmap analysis from on-chain data platforms pointed out that the $80,000 to $95,000 range has become a "death zone," mainly because the selling pressure above is too concentrated.
In simple terms, this cluster of chips is like a wall—holders trapped at this price level keep selling off during rebounds to break free, preventing the price from rising. Heatmap data shows that this range has blocked multiple rebound attempts, and even strong buying interest is ineffective.
Interestingly, although buyer interest has clearly increased after the pullback, the supply pressure has not eased. The result is a stalemate—selling pressure exceeds buying, and the market can only stay put.
However, there is a potential turning point. If buying demand above $80,000 continues to accumulate, this wall of selling pressure could be broken through. The key is to see who will win next—will buying absorb the supply, or will selling continue to push prices lower? Once the demand side gains the upper hand, this resistance could be broken, giving the market a chance to move toward $95,000.