Glassnode: BTC is currently at the lower end of the new incoming capital cost range, and no upward momentum signal has been formed yet.

MarsBitNews · 2026-03-29T03:46:12+00:00

Mars Finance reports that on the X platform, on-chain data platform Glassnode stated that the current Bitcoin price is at the lower end of the cost basis zone for new entrants' funds ($60,000–$70,000). Data shows that some degree of position accumulation has occurred within this range, but the overall scale remains below the typical levels that have historically driven strong rebounds, indicating relatively weak chip density. The current accumulation structure is constructive in form but still insufficient in strength, and has not yet formed a clear upward momentum signal.

MarsBitNews

2026-03-29 03:46:12

According to Mars Finance, the on-chain data platform Glassnode posted on the X platform, stating that the current Bitcoin price is at the lower end of the cost basis range for new investors ($60,000–$70,000). The data shows that there has been a certain degree of accumulation within this range, but the overall scale is still below the typical levels that historically drive strong rebounds, indicating relatively weak chip density. The current accumulation structure is constructively shaped, but its intensity is still insufficient, and a clear upward momentum signal has not yet formed.

BTC-0.37%

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