According to CoinMeta, analyst murphy stated that as of October 22, BTC had accumulated approximately 921,000 tokens around the $83,000 level, approaching the 1 million mark. On August 3 of this year, the number of tokens at that price point reached around 1.05 million. murphy estimates that only 100,000 to 200,000 tokens remain related to the historical wallet consolidation of Coinbase. On October 8, BTC entered the gap area below $83,000, and the price returned to that range, which prompted token turnover and filled the gap. When BTC attempted to move downward, it encountered resistance; subsequently, it may look for a direction with less resistance upwards. The $83,000 level is currently a key focus in the bulls-versus-bears battle.