According to glassnode, Bitcoin's (BTC) short-term holder cost basis is approximately $98.1K, with the cost basis distribution showing a denser supply just below this level, specifically in the $97K–$98K range (source: glassnode, June 23, 2025). This price zone is likely to act as a crucial pivot point during potential market drawdowns, as increased pressure builds on newer investors. Traders should monitor this support area closely, as it could influence near-term BTC price stability and provide actionable entry or exit signals.

According to AltcoinGordon, his motivation to assist traders stems from personal experience of financial constraints. He emphasizes that his efforts are driven by more than monetary gains, aiming to ensure widespread trading success among his followers. This perspective can inspire confidence among new traders looking to enter the cryptocurrency market with limited funds.