Analysts: Bitcoin's $60,000 mark becomes a new accumulation zone; the potential bottom for this cycle is $48,000.

CoinFeed reported on June 16th that CryptoQuant analyst Axel Adler Jr. stated that Bitcoin's adjusted Sell-Side Risk Ratio (SSRR) entered the red zone for the first time when BTC fell to $60,000, indicating that the supply of losing positions exceeded the supply of winning positions, reflecting deep pressure from holders. Historically, this indicator entering the red zone often coincides with bottom formation periods. Meanwhile, the CVDD valuation model shows a structural bottom around $48,300, a level that has almost never been closed below in Bitcoin's history. Bitcoin has now rebounded to $66,000, and the smoothed SSRR has begun to turn upwards. Analysts believe that $60,000 is a behavioral resistance zone, while $48,000 is the structural risk boundary.