CoinMeta data: Analysts point out that the current most important price range for Bitcoin is between $77,000 and $79,000, which is where two major institutional buyers are in balance: American spot investors hold 12,900 units with an average cost of $76,909, and listed companies hold 12,800 units with an average cost of $78,834. Together, they hold 25,700 units, which accounts for nearly 13% of the total supply. Currently, the price of Bitcoin is $83,200, with a price-earnings ratio (P/E) of 1.08 for these holdings. The unrealized profit for listed companies holding these units is $8.1 billion. If the price of Bitcoin remains above $77,000 to $79,000, institutions will remain profitable, and selling pressure will remain low. However, if the price falls below this range, the 25,700 units held by these institutions will once again be at a loss.