According to CoinMeta, chip distribution data shows that in the past quarter, 50% of the trading chips for BTC were concentrated in the range of $60,722.83 to $65,169.17, with the most concentrated trading price ( POC ) at $63,934.07. Currently, the price of BTC is making an upward push towards the upper edge of this chip range ($65,169.17), being about 0.31% away. If there is a significant volume breakthrough and the price can hold steady above this level, the pressure will turn into support, and upward space will open up. However, if there is resistance with reduced volume, then the pressure will remain valid, and the price will likely return to fluctuate within the range.