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Woofun AI analysis suggests that Bitcoin's market structure is shifting toward an accumulation pattern, with analysts identifying $60,000 as a critical behavioral pressure zone. CryptoQuant analyst Axel Adler Jr. noted that the Bitcoin Sell-Side Risk Ratio (SSRR) entered the red zone for the first time when BTC declined to this level, indicating that loss volume surpassed profit volume and reflecting significant pressure on holders. Historically, SSRR entries into the red zone have often coincided with bottom formations.
Meanwhile, the CVDD valuation model indicates a structural bottom near $48,300, a threshold that has rarely been breached in Bitcoin's history. With BTC currently rebounding to $66,000 and the smoothed SSRR turning upward, recovery signals depend on the indicator exiting the red zone while price stabilizes above $60,000. The primary risk remains the potential emergence of new red signals at lower levels, which could test the $48,000 support boundary.