[K33: As Selling Pressure Eases, Bitcoin Consolidation Suggests Market May Be Bottoming Out] According to a report by Jinse Finance, K33 Research Director Vetle Lunde pointed out that in recent weeks, Bitcoin's price has primarily been consolidating between $60,000 and $75,000, indicating that the trading volume of exchange-traded products and the behavior of long-term holders are both stabilizing. He described this price movement as 'typically associated with market bottoms,' suggesting that the price range slightly above $70,000 may be attractive to medium- and long-term investors. According to Lunde, since late February, Bitcoin ETF fund flows have turned slightly positive, indicating that the selling wave since the all-time high in October may be nearing its end. He explained that the previous outflows were due to profit-taking when Bitcoin's price fell below investors' cost basis, creating a supply-demand feedback loop. However, as prices declined, the motivation to sell weakened, and demand began to stabilize.