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BlockBeats News, December 18, glassnode published its weekly market analysis stating that the market continues to fluctuate within a fragile and time-sensitive structure, influenced by significant supply, ongoing realized losses, and continuously diminishing demand. The price was resisted around $93,000, then fell back to $85,600, reflecting the dense supply accumulation in the $93,000 to $120,000 range, with previous strong buyers consistently suppressing price rebounds. As long as the price remains below the 0.75 percentile (around $95,000) and fails to reclaim the short-term holding cost benchmark of $101,500, the upside potential may be limited. Despite facing pressure, patient demand has so far kept the realized market value near $81,300, preventing further price declines. Spot demand remains selective, corporate fund flows are intermittent, and futures positions continue to reduce risk rather than rebuild confidence. The options market has reinforced this range-bound pattern, with near-month contract volatility narrowing, indicating continued downside risk but relatively stability, while expiry-driven positions will constrain price action into late December. In conclusion, Bitcoin is currently caught between structural support near $81,000 and ongoing selling pressure above. For a substantial shift to occur, either sellers need to exhaust all sales above $95,000, or new liquidity inflows are needed to absorb supply and reclaim crucial cost basis levels.

According to TechFlow, on December 18, the Korea KOSPI Index closed down 61.9 points, a decrease of 1.53%, at 3994.51 points. The Nikkei 225 Index closed down 510.78 points, a decrease of 1.03%, at 49001.50 points on December 18.

 the Nikkei 225 index closed down 510.78 points, a decline of 1.03%, at 49001.50 points on Thursday, December 18. The South Korean KOSPI index closed down 61.9 points, a decline of 1.53%, at 3994.51 points on Thursday, December 18. (Jin10)