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Viewpoint: Bitcoin Breaks Below Profit Taking Range, Potentially Testing Support at $90K to $105K

BlockBeats News, September 25, glassnode stated in a post that Bitcoin has dropped below the key risk zone that typically marks a profit-taking area.

If it can reclaim this zone, it will demonstrate a renewed market strength; if it fails to bounce back, it may potentially decline to a support range around $90,000-105,000.

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On-Chain Activity

5min ago

A certain SanDisk whale has liquidated and exited the market, with SNDK long positions incurring a loss of $4.58 million.

12min ago

47 large holders bought the dip during the US stock market correction, adding $39 million in long positions.

49min ago

A total of 40 newly created addresses have cumulatively withdrawn 9,458 BTC from Wintermute this month.

1h ago

Cancer vaccine Phase 3 data leaked early, Moderna plunges 26%.

24H Important News

2026-10-23

Trade.xyz Launches JIO Pre-IPO Perpetual Contract Trading

Crypto Bullish Views Roundup: Possibly Still in Early Bull Market, Global Stock Selloff Has Not Changed Bitcoin Rebound Expectations

Hyperliquid's largest crude oil short position is on the brink of liquidation; oil prices need only rise 2.85% to liquidate a $12 million short order.

U.S. spot Bitcoin ETFs saw a net outflow of $635 million yesterday, while Ethereum ETFs experienced a net outflow of $110 million.

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