According to TechFlow, on March 29, the blockchain data platform Glassnode published an article on its X platform, stating that the current price of Bitcoin is at the lower end of the financing cost range for new investors ($60,000 - $70,000). The data indicates that some accumulation in Bitcoin has occurred within this range, but the overall volume is still below typical levels that have historically sparked strong price surges, indicating weak accumulation intensity. Glassnode points out that although the current accumulation structure appears constructive in form, it lacks strength and has not yet formed a clear signal for bullish momentum.
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