Bitcoin Bottom Confirmation Requires Key Price Breakthrough
- Market Resistance Analysis: CryptoQuant highlights that Bitcoin's current trading price of $80,870 faces significant resistance from investors who bought at a realized cost of $88,880 for 3 to 6 months, indicating that the market has not yet confirmed a bottom.
- Investor Cost Distribution: The realized costs for different holding periods are $88,880 (3-6 months), $93,450 (12-18 months), and $111,850 (6-12 months), establishing these levels as break-even points for loss-incurring investors, which impacts market sentiment.
- Price Breakthrough Requirements: The analysis states that Bitcoin must surpass and maintain above $88,880 to confirm a bottom, as short-term rallies alone are insufficient; strong defense of this key level is necessary to alleviate initial selling pressure.
- Ongoing Selling Pressure: Rallies in the $85,000 to $88,000 range continue to face selling pressure from investors who purchased between November 2025 and February 2026, making each upward attempt a significant distribution zone that affects market stability.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR). As of , Major (MAJOR) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MAJOR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, MAJOR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0155 | 0.0358 | 0.0493 | 0.0696 | 0.0831 | 0.103 | 0.117 |
| Fibonacci | 0.0358 | 0.0487 | 0.0567 | 0.0696 | 0.0825 | 0.0905 | 0.103 |
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