Glassnode: BTC is in a range oscillation, with resistance ranging from $83000 to $86000

The Glassnode report points out that BTC is fluctuating in the range of $62000 to $86000, with $83000 to $86000 being the long-term supply resistance zone and $62000 to $65000 being the accumulation support zone. The average net inflow of the US Bitcoin spot ETF reached up to $290 million on the 7th, with a daily trading volume of approximately $3 billion in the secondary market. The yield of the US 10-year treasury bond bond returned to 4.8%, and the sovereign debt pressure affected the market valuation. The open interest size of Deribit and IBIT options expiring on September 25th is approximately $14 billion, with a large number of positions concentrated above $80000.