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Data: There is a significant accumulation of chips in the range of $84,000 to $85,000, and there are still 2 resistance zones above.

On November 28, on-chain data analyst Murphy stated that the CBD (Cost Basis Distribution) heatmap shows that there are currently two densely concentrated ranges of chips, namely $94,000-$98,000 and $101,000-$118,000, which represent the ranges where BTC will face resistance during the rebound. Among them, $98,000 is the historical fair price, and $104,000 is the average cost for short-term holders. In addition, there has been a significant accumulation of chips in the $84,000-$85,000 range recently, with about 950,000 BTC. After excluding the data from the CEX wallet consolidation on the 22nd (approximately 550,000 BTC), the remaining 400,000 BTC represents real turnover, closely related to the recent increase in holdings by whales during the price decline.

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