Analysis: At the macro level, BTC heat has dropped to the accumulation zone, which aligns with the position accumulation before another growth

CryptoQuant analyst Axel Adler Jr stated that the macro-level Bitcoin enthusiasm has fallen to the bottom/accumulation zone, indicating that speculative pressure has decreased recently. In a bull market, the decline in macro enthusiasm aligns with the accumulation period before the next growth phase. To achieve a rebound, volatility needs to decrease, and there should be no negative triggering factors globally within a week.