Group 1 - The core viewpoint of the article highlights that despite recent volatility in the Bitcoin market, investor sentiment remains strong, leading to significant bottom-fishing behavior [1][3] - According to Mhmarkets, during the decline from Bitcoin's historical high of $126,000, investors showed strong buying interest in the $60,000 to $70,000 range, accumulating over 400,000 BTC, which is creating a solid psychological support for the market [1][3] - The supply distribution confirms the "buy the dip" phenomenon, with the supply in the $60,000 to $70,000 range increasing to approximately 1.43 million BTC, a 43% increase since the beginning of the year, indicating that over 8% of the global non-exchange circulating supply has been accumulated during this pullback [1][3] Group 2 - The severity of price fluctuations validates the logic of support level distribution, with a notable "trading vacuum" in the $70,000 to $80,000 range, which lacks effective buffer space during downward movements [2][4] - Historical data shows that Bitcoin fell from $80,000 to $70,000 in just five days, a rapid decline attributed to penetrating this vacuum [2][4] - Mhmarkets believes that once the price enters the heavy accumulation zone of $60,000 to $70,000, downward momentum faces significant resistance, indicating market recognition of the long-term value of crypto assets [2][4]