Analyst: BTC $63k is the watershed between bulls and bears; multiple support levels form the entry range

BTC1%

Gate News message, on April 9, crypto analyst Ali Martinez posted on the X platform saying that the current volatility may form a cycle-level get on board opportunity, and he has marked several key price zones based on on-chain data. The UTXO realized price distribution (URPD) shows that a large amount of positions are concentrated in the $63,111 to $70,685 range, forming the main support band. If it breaks below $63,111, the market may enter a liquidity vacuum zone. From the long-term trend, BTC is approaching the key uptrend line from the past decade (around $56,000–$60,000). Historically, this area has repeatedly corresponded to the accumulation phase before major pumps. In more extreme cases, the CVDD indicator corresponds to about $47,960, which is regarded as a structural bottom. The MVRV 0.8 range is around $43,647, representing a phase where the market is in extreme pain. If a black swan event occurs, the price may temporarily dip to around $36,657. Ali Martinez suggests using a staged entry strategy (DCA), adding positions gradually across different support bands.

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