Analysis: BTC holders continue to increase their holdings, and the key resistance level has reached $99,900

report: On-chain analysis platform glassnode data shows that since March 2025, long-term holders (LTHs) have accumulated over 250,000 BTC, bringing their total holdings to more than 14 million BTC, demonstrating strong market confidence. Short-term holders (STHs) have also net accumulated approximately 25,000 BTC in the past week, ending the continuous selling trend of previous months. Meanwhile, Bitcoin ETF capital inflows have accelerated in the past two weeks, and enterprise-level Bitcoin reserves continue to grow, further supporting market demand. Technical analysis indicates that $99,000 is considered a potential profit-taking zone and a critical resistance level, with current prices approaching this level, and the market is focused on whether it can break through and continue rising. (CoinDesk)