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.
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HashRatePhilosopher
· 01-17 09:51
$80,000 is such an incredible wall. The brothers who are trapped and trying to break free with sell-offs definitely have faster reaction times than our bottom-fishing responses, haha.
Let's wait until buy orders truly start to accumulate. For now, it's still a wait-and-see stage.
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GasFeeNightmare
· 01-17 08:24
80,000 is back again, should we break down this wall...
I've been looking at the on-chain heatmap for half a day, and it's still the same explanation: selling pressure, buying volume, stalemate. To be honest, instead of analyzing these data, it's better to directly calculate how much gas is needed to break through this barrier; all the money is burned on miner tips.
Placing orders every day waiting for a breakthrough, but the market reverses in the middle of the night, staying up all night in vain.
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OnchainFortuneTeller
· 01-16 20:59
It's that wall again... I'm already tired of it. We need to break through 80,000 first before there's hope.
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FadCatcher
· 01-15 11:55
Wait a minute, can this selling pressure wall really not be broken through? I feel like I keep hearing this kind of statement every time.
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MEVHunterBearish
· 01-15 11:55
80,000 is really a troublesome threshold. Being trapped and constantly hit with sell-offs, when will we finally break through?
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MEVHunter
· 01-15 11:42
The $80,000 wall essentially means that the arbitrage opportunities in the mempool have been completely exploited. Without the help of flash loans, who dares to push now...
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LiquidationWatcher
· 01-15 11:42
ngl this 80k wall is giving me 2022 flashbacks... been there, lost that. those trapped holders just keep panic selling on any bounce, it's textbook.
watch your health factor if you're longing this, fr fr. margin calls are coming if we can't break through soon.
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0xSunnyDay
· 01-15 11:37
This wall is really annoying; the people caught in it are too greedy.
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CrashHotline
· 01-15 11:36
The 80,000 mark is just a joke, retail investors waiting to be the bagholders.
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.