Svmuu News: On-chain data platform Glassnode posted on X that the current Bitcoin price is temporarily at the lower bound of the cost basis for new investors ($60,000–$70,000). Data shows that some accumulation has occurred within this range, but the overall scale is still below the typical levels that have historically driven strong rebounds, indicating relatively weak concentration of holdings. Glassnode noted that while the current accumulation structure is constructively shaped, its intensity is still insufficient and has not yet formed a clear signal for upward momentum.