According to @glassnode, the Short-Term Holder Cost Basis Distribution heatmap indicates Bitcoin consolidating between $80K and $95K with a top-heavy cost-basis profile dominated by recent buyers, signaling significant overhead supply. Source: Glassnode on X, Jan 13, 2026. @glassnode reports renewed demand has reappeared above $80K, but sell-side inventory from recent entrants has been absorbing bounce attempts and anchoring price within the range. Source: Glassnode on X, Jan 13, 2026. For traders, this defines $80K as a key demand pivot and the $90K–$95K band as a supply-heavy resistance zone until short-term holder inventory is absorbed. Source: Glassnode on X, Jan 13, 2026.