Analysis: Bitcoin short-term holders cost $88,000 remains key support level

Glassnode posted on the X platform that the cost price of bitcoin short-term holders ($88,000) is still a key support level. The URPD (Utrealized Price Distribution, Unrealized Price Distribution) indicator shows that if it falls below this cost price, and the volume below this support is sparse, it means that there is no buying support, and the price may accelerate.