The Accumulation Window: Mapping the Floor Historically, a bear market bottom isn't a single price point; it's a zone where the "weak hands" surrender their ₿ to the high-conviction stackers. The Blue Band (-2σ) at ~$59k: This is the ultimate "Max Pain" territory. It aligns almost perfectly with the Overall Realized Price of ~$55k. When price tags this zone, it’s a signal that even the "tourists" have been flushed out. The Green Band (-1σ) at ~$72k: We are oscillating right around this level now. It’s the "Value Zone" where long-term reward begins to heavily outweigh short-term risk. The Break Point: The 155-day cohort is currently underwater by over 25%. In the old system, this would be a crisis; in the Bitcoin world, this is where generative wealth is built.