
Proximity Support and Resistance separates the cost-basis supply near BTC's current price into Support below spot and Resistance above spot. The two series express the relative shares on either side, displayed as percentages that together total about 100%.
A larger Support share places more nearby cost basis below spot; a larger Resistance share puts more above it, where a recovery may bring holders closer to breakeven. On July 19, 2021, Support was only about 8.6%, showing how uneven this local balance can become.
These are shares of a nearby cost structure, not quoted price levels or resting orders. Price moves can change the split without new accumulation, and the series does not establish whether holders will defend or exit their positions.
No. Support and Resistance are percentage shares, not dollar levels. Use a cost-basis distribution to locate the actual price bands behind the split.
It means the below-spot side outweighs the above-spot side in this local measure. It does not measure incoming demand or guarantee that a price level will hold.
Realized Supply Density measures how much supply sits within specified distances of spot. This chart focuses on the balance between the support and resistance sides of the nearby cost structure.