Glassnode: Bitcoin above $96K retests dense $93K–$110K supply band

In early 2026, Bitcoin reclaimed $96,000. According to Glassnode's Week On-chain report, the move has run into a $93K–$110K long-term holder cost basis band formed during April to July 2025, while $98.3K is highlighted as the short-term holder line-in-the-sand. The note also warns that losing the True Market Mean near ~$81k could tilt risk toward deeper downside.