Analyst: BTC traders' realized price rises to around $75,000, short-to-medium-term cost structure remains positive

on October 26, CryptoQuant analyst Trader_Gemini stated BTC is currently trading slightly above $80,000, above the Trader Realized Price, which has risen to approximately $75,000. This indicator reflects the average acquisition cost for BTC last moved within the past one to three months. Historically, this level frequently acts as support during bull market corrections; if the price breaks through and remains below it, underwater traders may sell as they near breakeven, flipping the level into resistance.

Additionally, when prices approach the Upper Band, increased profit-taking pressure and short-term pullbacks are common. The analyst emphasized that the Upper Band does not guarantee a top, nor does the Realized Price guarantee a rebound. Neither should be treated as automatic trading signals; they are merely used to identify potential zones where recent market participants might change their behavior.