Bitcoin Retests Key Support Levels Amid 10% Pullback

Bitcoin has experienced a 10% pullback from its September high, revisiting key support levels reclaimed during its August rally. According to Glassnode's November 4, 2026 report, the cryptocurrency is now trading near its True Market Mean of $77,700 and Short-Term Holder Cost Basis of $75,700. These levels represent the average acquisition prices for active investors and recent buyers, respectively, and are critical for maintaining the structural integrity of Bitcoin's breakout. Short-term holders, defined as those who acquired Bitcoin within the past 155 days, have seen their profitability decline sharply.

Source: Blockchain.News