Svmuu According to a lengthy analysis posted by crypto analyst Ali Martinez on the X platform, rather than debating whether Bitcoin has bottomed out, it's better to focus on whether the current volatility constitutes a "generational entry opportunity." Based on indicators such as long-term trend lines, on-chain liquidity, and cost distribution, he delineated the core "value range" for this cycle.
On the support side, the UTXO Realized Price Distribution (URPD) shows a significant concentration of holdings in the range of approximately $63,111 to $70,685, forming the current primary support zone. If the price falls below $63,111, the market could enter a liquidity vacuum.
From a long-term trend perspective, Bitcoin is approaching the key upward trend line of the past decade (around $56,000–$60,000). Historically, this level has corresponded to accumulation phases preceding major rallies on multiple occasions.
In more extreme scenarios, the CVDD indicator points to around $47,960, which is considered a structural bottom area. The MVRV 0.8 level, around $43,647, represents the market entering a phase of "extreme pain," typically accompanied by exhaustion of selling pressure. In the event of a black swan event, the price could briefly dip to an extreme range of around $36,657.
Based on the aforementioned ranges, Ali employs a Dollar-Cost Averaging (DCA) strategy, gradually increasing positions at different support zones to lower the overall holding cost. He believes the market is currently in a phase of low sentiment but gradually emerging potential opportunities.