#bitcoin #URPD #metrics
📊 Bitcoin: A “hole” has appeared in the price chart. What does it mean?
Analysis of on-chain data (URPD metric) as of February 2026 indicates an interesting anomaly. While $BTC is storming new peaks, an “empty” corridor has been left behind.
🔍 What’s the point?
Pay attention to the $70,000 – $75,000 zone (marked in red on the chart). The bars here are significantly lower than the neighboring ones. This means that the minimum volume of coins was traded in this range. The price flew through this segment too quickly, without forming a solid foundation.
📉 Why is this important?
In trading, such zones are called “air pockets” or liquidity vacuums:
1. Lack of support: If the market begins a correction, there are almost no buyers in the $70k–$75k range who are ready to defend their “entry point”. This could lead to a rapid slide through this zone.
2. Price magnet: The market “does not like” emptiness. Often, assets return to such levels to fill them with volume and turn a weak zone into reliable support.
3. Comparison: Look at the clusters above $82,000 — the volumes there are colossal. This is our current “concrete” level. But if it does not hold, a drop to $65,000 through the “hole” could be very rapid.
