Amid widespread unrealized losses, the market’s range between $60k–$70k depends on renewed #Accumulation. The breakout direction will hinge on fresh #Demand from new buyers.

Since Feb 5, the #AccumulationTrendScore has stayed below 0.5, signaling weak buying pressure—especially from large holders. This lack of strong #Conviction suggests that without sustained #WhaleAccumulation, the risk of further #Downside remains before a durable bottom forms.