- Bitcoin price surges show strong investors' trust and long-term holding behavior.
- GlassNode data shows a decline in vibrancy and a decline in profits during price highs.
- Bitcoin faces resistance at $106,000 and receives strong support between $95,000 and $97,000.
Bitcoin's price surge to $110,132.23 has attracted the attention of investors pointing to a period of guarantees and stability in the crypto market. This increase follows a change in investor behavior, characterized by a decrease in the movement of the coin, indicating that holders are focused more on long-term profits than short-term profits.
Recent data shows Bitcoin's market capitalization is $2.19 trillion, with nearly 19.88 million BTC currently in circulation, showing the remaining 2.1 million BTC before reaching the 21 million coin limit.
$BTC vibrancy – metric tracking when investors hold or spend – continues to cut trends. Unlike past Ass, which earned profits, this time investors are not touching the coin and are strengthening strong holding behavior near the high price: https://t.co/cfnde1iz0a pic.twitter.com/d7zcpkytgn
– GlassNode (@GlassNode) July 3, 2025
Blockchain analytics company GlassNode closely tracks the vibrancy of Bitcoin, a metric that measures the speed of coins transferred between entities. Over the past few months, bitcoin's vibrancy has declined despite cryptocurrencies approaching a new all-time high.
Historically, the surge in Bitcoin prices has been accompanied by an increase in coin movement, often seen during the distribution stage. However, the trends differ at this current gathering. Bitcoin holders keep the coins barely touched, signaling the dominant “hadling” behavior.
This hodling stage is consistent with the views shared by another well-known cryptography analyst, Crypto Fella. In a tweet, Crypto Fella explains that she is waiting for a clear break in the price structure before declaring a breakout, suggesting that a continuing bullish trend is expected in the near future.
$ btc – #bitcoin: The game plan remains the same. Wait until you see a clear break in the structure. Another Ass is a close friend. pic.twitter.com/lac3exldeg
– Crypto Fella (@cryptofellatx) July 3, 2025
Major price levels and resistance
The recent surge in Bitcoin prices has not been met without resistance. In the early 2025 price list, which will be stopped in December 2024, cryptocurrencies have failed to break important levels, with the maximum being $106,000.
This puts backward pressure on Bitcoin's price dynamics as the token struggles to maintain its $105,000 or more. Additionally, support comes at the $95,000 and $97,000 levels, so if the market is shocked, it offers a good price foundation.
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Bitcoin continues to test these resistance levels, but rising trading volumes rose 26.54% to $58.84 billion, suggesting bullish sentiment is still strong. A breakout that could exceed $106,000 could lead to more upward momentum as analysts look closely at price action. At the same time, if you do not maintain this level, you may experience integration or short-term modifications.
Conclusion: More mature Bitcoin market
This market trend clearly shows the increase in Bitcoin maturity. Cryptocurrency proves it is a more mature asset, as investors are eager to store Bitcoin longer and there are no indications that interest in institutions is being cooled.
As Bitcoin hits nearly the same all-time high prices, the market's ability to support these prices without major sales further strengthens the vision that Bitcoin is settling into a consolidation or expansion phase.
