2026-01-18 10:50:57

#比特币2026年行情展望 BTC on-chain cost basis insights | Observation on January 18

**The Bull's Ceiling**
The group that followed the trend from June to December last year has a cost basis around $101,000. This level acts like a nail—short-term rallies could see these holders becoming the main force to take profits.

What about those with deeper positions? Investors holding for over 12 months have an average cost of about $81,700, a solid line that indicates a stable fundamental base.

And the recent high-buyers—those who jumped in around the January early high—are still holding on, hoping for the break-even moment.

**Upward Pressure**
Be cautious around $114,650. This is the concentration zone of short-term traders holding for 3 to 6 months. Once the price surges back to this level, you'll see a flood of profit-taking orders—reactions near cost basis are often the most intense.

$BTC $ETH $SOL

BTC-0.1%

ETH0.57%

SOL-1.21%

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GasFeeCryer

· 5h ago

101k that wave of people really is a ticking time bomb, waiting to harvest the leeks... 114650 if we don't break through this barrier, it feels hopeless It's sad for those who rushed in at the beginning of January; they must be feeling terrible now All the on-chain data is telling the truth; the cost price is the line between life and death

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TommyTeacher

· 6h ago

101000, this key level is really crucial. Those who followed the trend must be feeling pretty uncomfortable now... It seems that if 114650 can't be broken, it might stay sideways for a while.

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MetaverseVagabond

· 6h ago

101k, those people must be feeling so miserable right now... They have to hold back from selling at every rebound.

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EntryPositionAnalyst

· 6h ago

101000 That barrier really can't hold, a bunch of people are just waiting for this price to cut the leeks 114650 is the real deadline, it will be very ugly when the dump happens 81700 old leeks smile but say nothing, just watch how they get beaten in the short term Everyone chasing high this time is betting on breaking even, whether they can wait is a question Cost price is just a psychological barrier, breaking through it is harder than reaching the sky

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