On March 29, the on-chain data platform glassnode posted on X platform stating that the current Bitcoin price is at the lower bound of the cost range for new investors (60,000–70,000 USD). Data shows that a certain degree of chip accumulation has occurred within this range, but the overall scale is still below the typical level that drives strong rebounds in history, indicating relatively weak chip density. Glassnode pointed out that the current accumulation structure has constructive significance in terms of shape, but is still insufficient in intensity and has not formed a clear upward momentum signal. $BTC
BTCUSDT
Perp
65,995.1
-0.55%