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Analysis: Buying interest has clearly returned, with Bitcoin showing accumulation across price levels and entering a phase of "buying on dips."
Svmuu News: On-chain data analytics platform Glassnode posted on X, stating that its "Accumulation Trend Score" indicator shows that, after the price of Bitcoin (Bitcoin) dipped into the $60,000 range in early June, the overall behavior of on-chain addresses began to shift significantly toward accumulation. This metric measures the intensity of on-chain accumulation by combining holding size with recent balance changes; a value close to 1 indicates widespread accumulation, while a value close to 0 indicates sustained distribution. Glassnode noted that as prices entered the lower range, scores for holders of all sizes rose in tandem, indicating a classic “buy-the-dip” market structure—where price declines did not trigger sustained selling but instead sparked a stronger return of on-chain demand. Analysts believe that this synchronized accumulation across all holding tiers typically occurs during the early stages of market sentiment recovery, reflecting that medium- to long-term capital is repositioning itself.
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