Where can the correction stop? Glassnode's new Cost Basis Distribution (CBD) metric offers on-chain information on accumulation and distribution patterns, helping to spot critical price levels.
What is CBD? CBD is a heat map that shows the total supply of Bitcoin, grouped based on average investor spending at specific price levels.
By visualizing where cost bases are concentrated, CBD helps identify key areas of support and resistance based on investor behavior.
Sample Info The $96K–$98K range accumulated over 101K BTC, cementing it as a strong support zone. Above $98K, ~81K BTC was acquired, forming short-term resistance. Below $96K, limited activity suggests weak support if prices pull back.
With CBD, you can go beyond price and volume data to analyze investor behavior and identify critical areas of interest with greater accuracy.


Learn more about CBD and how to use it here: ➡️ https://glassno.de/4ijpUex