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glassnode: Bitcoin's support level is at $111,000, with resistance at $117,000

By: theblockbeats.news|2025/10/28 11:15:56

BlockBeats News, October 28, glassnode published a post stating that, according to Bitcoin's cost basis distribution, there is support around $111,000, while there is a significant sell wall supply around $117,000.


This price range defines the battleground between recent buyers and profit-taking sellers. Whatever direction is broken, it may set the tone for the next major market trend.

Some Solana Ecosystem Meme Coins saw significant gains today, with CHILLHOUSE surging over 130% in a single day.
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