According to glassnode, with BTC spot trading around $89.9K, the on-chain STH Cost Basis is $98.9K, the Active Investors Mean is $87.7K, the True Market Mean is $81.0K, and the Realized Price is $56.2K, marking slight shifts in key thresholds traders monitor for positioning and risk management, source: x.com/glassnode/status/2009253874389987758 and glassno.de/3XDy2xe. According to glassnode, an earlier intraday snapshot showed spot near $87.8K with STH Cost Basis $99.9K and True Market Mean $81.1K, underscoring incremental model adjustments that traders can reference for short-term entries and exits, source: x.com/glassnode/status/2005211175923958231 and glassno.de/3XDy2xe.

According to @glassnode, BTC spot is around USD 87.8K while the STH Cost Basis is USD 99.9K, placing spot below short-term holder costs and highlighting overhead resistance near USD 100K (source: @glassnode on X, Dec 28, 2025). @glassnode reports the Active Investors Mean at USD 87.7K near spot as a short-term pivot, with the True Market Mean at USD 81.1K and the Realized Price at USD 56.2K acting as key on-chain supports (source: @glassnode on X, Dec 28, 2025). A prior same-day update from @glassnode showed spot near USD 86.4K with STH Cost Basis USD 101.8K, Active Investors Mean USD 87.9K, True Market Mean USD 81.3K, and Realized Price USD 56.3K, indicating small downward adjustments in these model levels as spot firmed from USD 86.4K to USD 87.8K (source: @glassnode on X, Dec 28, 2025). Trading takeaway: use @glassnode’s on-chain levels as objective triggers, watching a reclaim above USD 99.9K for trend confirmation and a loss of USD 81.1K for potential mean reversion risk (source: @glassnode on X, Dec 28, 2025).

According to Glassnode, BTC spot is trading near $86.4K while the Short-Term Holder (STH) Cost Basis sits at $101.8K, placing STHs in aggregate unrealized loss and framing $101.8K as overhead resistance from an on-chain cost basis perspective, source: Glassnode. The Active Investors Mean is $87.9K, a near-term pivot just above spot that Glassnode tracks for active cohort cost pressure and trend confirmation, source: Glassnode. The True Market Mean at $81.3K and the Realized Price at $56.3K remain below spot, defining stacked on-chain support zones and signaling a positive broader cost-basis structure, source: Glassnode. The gap between STH Cost Basis and spot is roughly $15.4K (about -15%), highlighting potential overhead supply from recently entered coins based on Glassnode’s on-chain models, source: Glassnode. For trading, the levels identified by Glassnode suggest $87.9K as a momentum confirmation pivot and $81.3K as the first major on-chain support to monitor, source: Glassnode.

According to @glassnode, BTC spot price is $89.3K while the Short-Term Holder cost basis is $103.1K, placing the STH cohort at an aggregate unrealized loss of about $13.8K at current price, source: Glassnode glassno.de/3XDy2xe, Dec 7, 2025. Spot is $1.3K above the Active Investors Mean at $88.0K and $7.9K above the True Market Mean at $81.4K, source: Glassnode glassno.de/3XDy2xe, Dec 7, 2025. Realized Price stands at $56.4K, leaving spot approximately $32.9K above the aggregate on-chain cost basis, source: Glassnode glassno.de/3XDy2xe, Dec 7, 2025. Key trading levels to monitor relative to spot are $88.0K and $81.4K on the downside and $103.1K as the nearest STH breakeven overhead, source: Glassnode glassno.de/3XDy2xe, Dec 7, 2025.

According to @glassnode, Bitcoin is stabilizing above the True Market Mean while the market structure mirrors Q1 2022 with more than 25% of supply at an unrealized loss. According to @glassnode, demand is weakening across ETFs, spot markets, and futures. According to @glassnode, options markets show compressed volatility and cautious positioning. According to @glassnode, these on-chain and derivatives observations indicate a cautious trading backdrop in its latest Week On-Chain update.

According to @glassnode, Bitcoin spot is $86.5K at the time of the update, providing a live reference for intraday positioning; source: Glassnode on X, Nov 23, 2025, https://twitter.com/glassnode/status/1992576186531168285. Short-Term Holder Cost Basis is $105.5K, placing spot about 18% below that cohort’s average cost basis; source: Glassnode on X, Nov 23, 2025. Active Investors Mean is $87.1K, leaving spot roughly 0.7% below this threshold; source: Glassnode on X, Nov 23, 2025. True Market Mean is $81.3K, with spot approximately 6.4% above this level; source: Glassnode on X, Nov 23, 2025. The Realized Price stands at $56K, and spot is about 54.5% above this market-wide cost basis; source: Glassnode on X, Nov 23, 2025. Distance-to-levels for trade planning at $86.5K: $0.6K to Active Investors Mean, $5.2K to True Market Mean, $19K to STH Cost Basis, and $30.5K to Realized Price; source: Glassnode on X, Nov 23, 2025.

According to @glassnode, BTC has broken below the Active Investors Mean on-chain cost-basis, making the True Market Mean the next key cost-basis level at 81.9K USD. Source: @glassnode. @glassnode states the True Market Mean level is 81.9K USD and identifies it as the next critical reference for BTC after the break below the Active Investors Mean. Source: @glassnode. This update is based on Glassnode’s on-chain metrics published on Nov 20, 2025. Source: @glassnode.

According to glassnode, Ethereum (ETH) broke above its Realized Price at $1,900 in May 2025, signaling that the average ETH holder is now in profit—a key bullish indicator for traders. The price has also surpassed the True Market Mean at $2,400, reinforcing positive momentum. However, glassnode highlights that reclaiming the Active Realized Price at $2,900 is crucial for further market confidence and sustained upward movement. Traders should watch for a confirmed breakout above $2,900 as a strong signal of continued bullish sentiment in the ETH market (source: glassnode, May 23, 2025).