glassnode: Bitcoin is currently in a range-bound state, and if it breaks above $114,100, it may see further upside towards $118,000.

BlockBeats News, September 10th, glassnode published a market insight stating that Bitcoin is in a range-bound state. During the consolidation process, Bitcoin has been continuously absorbed by potential demand when priced below $111,100. If it breaks through $114,100, it may test a dense area near $118,000.