🚨 A LARGE DEMAND ZONE HAS UNEXPECTEDLY APPEARED FOR $BTC IN THE $84K–$85K AREA.🧐

Despite the market currently moving with extremely low volume, the 6-month timeline Cost Basis Distribution Heatmap now shows the $84K–$85K price zone shifting to pink (indicating the highest volume concentration).

Typically, such strong pink support volume only emerges on shorter 3-month timelines and when the market has average or higher volume. The appearance of a pink zone on the 6-month timeline is therefore a highly surprising signal.

As mentioned in previous posts, when price breaks through these high-volume areas, it often quickly seeks much lower price levels. The market is still continuing its downtrend at this stage.

If this pink volume zone fails to hold $BTC, we could potentially see prices drop to the 7xK range ($70K–$79K). However, with such high on-chain volume concentration, if price retests this zone and it absorbs selling pressure successfully, the recovery momentum could be extremely strong.

#bitcoin #CPIWatch #MarketPullback

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