[Bitfinex Report: Whales Enter Accumulation Mode, BTC Downward Pressure Weakens but Needs to Break Through $72,000 Resistance Level] According to a report by Jinse Finance, the Bitfinex Alpha report indicates that Bitcoin's upward momentum in early March lost steam after briefly touching $74,047. A strong wave of buying emerged in early March but was subsequently absorbed by passive supply near the range highs. Retail investors continue to sell, while whales and long-term holders are still focused on accumulating Bitcoin. Downward pressure has weakened, and the market is in a state of equilibrium. However, without sustained ETF inflows or stronger spot demand, Bitcoin will remain in a consolidation phase until the $72,000 resistance level is decisively broken.