Glassnode: $96,000 to $98,000 or a strong resistance level for Bitcoin at this stage

"There has been a strong build-up in the $96,000 to $98,000 area between late December 2024 and February 2025," Glassnode said in a post on the X platform. "While some addresses within these price ranges are reallocating their BTC, this supply cluster is still very dense and could be a strong resistance if it returns to this level again."