According to ChainCatcher, Julio Moreno, Research Director of CryptoQuant, stated on the X platform that the resistance level for Bitcoin's price might be around $91,000 to $92,000, which coincides with the on-chain realized price for traders. Based on the analysis, when the market is in a bull market (bull market score ≥ 60), this realized price typically serves as support; while in a bear market (bull market score ≤ 40), it acts as resistance. The current market is still considered to be in the latter situation.
