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Bitcoin Accumulation Expands, Yet Risks Remain with No Confirmation of Market Bottom, According to Glassnode

2026/07/02 10:09 (Updated 2026/07/02 13:01)
CoinPost
Written by A.Yamada
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Bitcoin Accumulation Expands, Yet Risks Remain with No Confirmation of Market Bottom, According to Glassnode

Accumulation Expands, But Bottom Unconfirmed

Accumulation Expands, But Bottom Unconfirmed

On-chain analytics firm Glassnode released its weekly market report on the 1st, noting that Bitcoin has dipped below $60,000. Institutional outflows and a defensive stance in the options market continue to weigh on market sentiment. However, beneath the surface, long-term holders and resilient buyers have begun to absorb supply, suggesting the early stages of a bottoming process.

The Bitcoin Accumulation Trend Score has significantly increased over the past month, indicating...

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MAGAZINE

Iolite Vol.20

July 2026 issueReleased on 2026/05/29
Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.