Glassnode has observed a significant shift towards Bitcoin accumulation following its recent price decline into the $60,000 range. According to their Accumulation Trend Score, which evaluates the intensity of on-chain buying activity by considering holding size and recent balance changes, there is a marked increase in accumulation. This score, which ranges from 0 to 1, indicates broad accumulation when nearing 1, suggesting that entities are actively buying the dip.