On the X platform, on-chain data platform Glassnode stated that the current Bitcoin price is temporarily below the cost range of new entrants (USD 60,000–70,000). Data shows that there has been some degree of coin accumulation within this range, but the overall scale remains below the typical levels that have historically driven strong rebounds, indicating relatively weak coin concentration. Glassnode pointed out that the current accumulation structure is structurally constructive, but its strength is still insufficient, and it has not yet formed a clear upward momentum signal. #BTC

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