PANews reported on April 11 that Glassnode published an analysis on the X platform, saying that looking at the cost basis distribution, Bitcoin has received strong support at $79,000, with about 40,000 BTC accumulated at this price. At the same time, Bitcoin has also broken through the $82,080 resistance zone (about 51,000 BTC). If this price can be maintained, the next price to be tested is $83,500, where 48,500 BTC are held. Ethereum seems to be in the range of $1,548 to $1,599, with 793,900 and 732,400 ETH held at this price, respectively. Support may be forming at $1,461, where 380,000 ETH have accumulated - this may buffer further declines in the short term.