The Truth at the 60,000 Mark: It Seems to Be Bottoming, But in Reality, It's 'Not Strong Enough'

The current price of Bitcoin is stuck at an extremely critical position—

The lower bound of the new entry capital cost range ($60,000–$70,000)

Many people see support here and start shouting that 'the bottom has been reached.'

But from a top-tier perspective, it looks more like—

An unfinished structure rather than a confirmed bottom.

Indeed, chips are accumulating, but 'the volume is not enough.'

On-chain data has already provided the answer:

Within this range, there is indeed capital support.

But the overall scale is clearly lower than the chip density before historical strong rebounds.

Some are buying, but not enough, not firm enough.

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