I know why CHZ is accumulating strength at the bottom; the rebound logic has now become clear.

Market sentiment always confuses investors, but data speaks for itself. CHZ has dropped from a high of 0.064 down to the current level of 0.03. Such a decline is common in the crypto market history. Currently, CHZ is priced at $0.03, with a 24-hour increase of +4.10%. Despite the deep decline, bottom signals are already emerging.

Weekly Chart Indicates Consolidation Signal

The weekly chart shows a continuous downward trend, which is a sign of strong adjustment by major players. From the high of 0.064 to the bottom range of 0.03-0.038, the price has fallen over 50%. Such sharp adjustments are often meant to shake out holders and gradually push out less stable investors. From a technical perspective, when the price repeatedly oscillates within the bottom range, it usually indicates that the main players are in the accumulation phase. The current low-price zone is a critical time to observe on-chain fund flows.

Opportunities in the Bottom Range

When CHZ drops to the 0.03-0.038 bottom zone, the probability of a rebound increases. Historical data shows that tokens which have experienced declines of over 50% often undergo significant accumulation at the bottom. Gradual entry and risk control are wise strategies at this stage. Although short-term uncertainty remains, from a mid-term cycle perspective, the appearance of the bottom range typically signals preparations for a new upward move. If CHZ can stabilize around the $0.03 support level in the near term, the $0.045-0.05 zone above could become the next target area.