I just checked the data from Glassnode and found something quite interesting: there are about 429,000 BTC that were bought within the log x range, corresponding to the price range of $60,000 to $70,000. This number is quite large, showing that a lot of investors are taking advantage of price drops to accumulate.

What’s notable here is that this buying action isn’t random—it reflects the market’s confidence in Bitcoin’s long-term value. No matter what fluctuations the market goes through, investors keep buying when the price falls. Right now, BTC is at 78.91K, already well above that range.

Overall, this data shows that demand is still very strong. When prices drop, people still buy—that’s a positive signal for the long-term market.