Analysts believe that Bitcoin will become a new funding range of US$60,000, with a potential bottom of US$48,000 in this cycle

CryptoQuant analyst Axel Adler Jr. posted that Bitcoin's adjusted seller's risk ratio (SSRR) entered the red range for the first time when BTC fell to US$60,000, and the loss supply exceeded the profit supply, reflecting the deep pressure on holders. Historically, this indicator has entered the red area and often coincides with the bottom formation period. At the same time, CVDD valuation models show a structural bottom at around $48,300, a level that has almost never been closed below in Bitcoin history. At present, Bitcoin has rebounded to US$66,000, and the smooth SSRR has begun to turn upwards. Analysts believe that $60,000 is a behavioral pressure area and $48,000 is a structural risk boundary. The subsequent signal to confirm recovery is that the smooth SSRR leaves the red range and the price stabilizes above $60,000; the main risk is that a new red signal appears at a lower level and tests the support of $48,000. Overall, the market is gradually turning to a fundraising pattern.