60,000-70,000 range, a key position but not yet at the explosion point
Currently, BTC is actually stuck in a very delicate position——
The price has already reached the lower edge of the cost zone for new funds (60,000–70,000).
Here, there are indeed some chips starting to accumulate,
but the problem is: it's still not dense enough.
Simply put——
Some people are buying in, but the strength is still not strong enough.
Compared to previous phases when the market truly started, the current chip concentration is relatively weak,
it hasn't formed the momentum of "must rise."
What does this mean?
This position is very critical, but it is still brewing.
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