Sangsangin Securities analysts recommend buying Bitcoin when prices decline to the $50,000 range, according to analysis published on the 11th. Bitcoin prices have fallen to the $63,000 level, but the brokerage's proprietary Crypto Sentiment Index registered 32.8 - above the buy-zone threshold of 25 - indicating immediate trend reversal remains unlikely given current supply conditions and regulatory uncertainty. The sentiment index, which analyzes on-chain data and capital flows to gauge market overheating or contraction, defines readings below 25 as buy zones and above 75 as sell zones.
Sangsangin Securities Crypto Sentiment Index Registers 32.8
The Sangsangin Crypto Sentiment Index dropped to 32.8 on the 11th. The index is calculated by analyzing on-chain data and capital flows in the virtual asset market to determine the degree of overheating and contraction. Readings below 25 indicate a buy zone, while readings above 75 indicate a sell zone.
Despite Bitcoin prices falling to the $63,000 level, the sentiment index has not reached the buy zone threshold of 25, making it difficult to confirm a trend reversal. When converted to price terms, the buy zone entry price for Bitcoin is approximately $56,700. The cycle bottom corresponding to the 10-15 index range is at the $47,700-$50,400 level.
Bitcoin Buy Zone Entry Price Calculated at $56,700
Although Bitcoin prices have entered the bottom range, an immediate upward trend reversal will take time. Regulatory uncertainty is delaying the price rebound timing. The CLARITY Act, which classifies the nature of virtual assets in the United States and defines regulatory entities, passed the House and is pending in the Senate.
CLARITY Act Pending in Senate Creates Regulatory Uncertainty
Supply-side signals also indicate delayed trend reversal. Large capital is absorbing supply during the price correction process. Based on the cumulative and dispersion indicators by holding size over the recent 60 days, large-scale investors purchasing 1,000-10,000 Bitcoin accumulated a net 47,830 Bitcoin.
Analyst Recommends Staged Buying Strategy Starting Below Index 25
Kim Kyung-tae, a researcher at Sangsangin Securities, stated, "We recommend a staged approach, setting the entry below the Sangsangin Crypto Sentiment Index 25 as the primary accumulation zone and the 10-15 range as the aggressive accumulation zone." He added, "You should wait until regulatory uncertainty is resolved and a rebound with trading volume driven by positive factors occurs."
FAQ
What is Sangsangin Securities' recommended Bitcoin buying price?
Sangsangin Securities recommends buying Bitcoin when prices decline to the $50,000 range. The buy zone entry price calculated from their Crypto Sentiment Index is approximately $56,700, with the cycle bottom range at $47,700-$50,400 corresponding to index levels of 10-15.
What is the current status of the CLARITY Act?
The CLARITY Act, which classifies the nature of virtual assets in the United States and defines regulatory entities, passed the House and is currently pending in the Senate. This regulatory uncertainty is delaying the timing of Bitcoin price rebounds.
How much Bitcoin did large holders accumulate recently?
Based on cumulative and dispersion indicators by holding size over the recent 60 days, large-scale investors purchasing 1,000-10,000 Bitcoin accumulated a net 47,830 Bitcoin during the price correction process.
