According to blockchain analytics firm IntoTheBlock, the real buying interest is concentrated between $94,800 and $97,700, where over 1.3 million unique wallet addresses have added BTC to their holdings.
This accumulation zone highlights strong investor confidence in Bitcoin’s price stability within this range, positioning it as a potential support level.
Historically, such clusters of wallet activity act as a buffer, preventing sharp price declines and offering critical stability during market fluctuations.