BTC fell below 90000, and many people broke their defenses ..... Yesterday, many bulls on my social media were heartbroken, and even a giant whale broke through its defense and accurately cut to the lowest point of over 89000 (I don't understand, but I was greatly shocked). GIF ） The situation of not being able to hold on the chain is also quite strong, but there are those who cannot hold on to cutting meat and those who cannot hold on to taking profits Firstly, since the price of the coin fell below 100000, the more it has fallen, the more losses it has incurred. It goes without saying that it has been cutting meat It is worth noting that the profitable chips on the chain remained relatively restrained during the process of the coin price falling below 100000, but also slightly broke through the defense after the coin price fell below 90000. As shown in the figure below, after the coin price falls below 90000, the chips held on the chain for 3 years have a relatively high profit taking amount After digging deeper, it was found that investors who had held the coin for 1-2 years had taken profits of over 1 billion dollars. In the URPD indicator, it can be clearly observed that early investors who entered the market around 5.4w and 5.6w took profits This seems to indicate that as the coin price continues to decline and continuously breaks through the support level expected by investors, even early entry chips with substantial profits will have the possibility of running away At present, there is a chip vacuum zone in the range of 7.4w to $9w, which means that the resistance to the downward movement of the coin price from $9w is relatively weak. This vacuum zone should also become a zone where high-level chips are heavily cut off, as well as a zone where low-level chips have a high concentration of floating profits and a large amount of taking profits However, it can be optimistically expected that the chip floating profit intensive area of 5.3w to $70000 not only includes chips that have fully changed hands in this bull market, but also includes chips that have fully changed hands in the top range of the 2021 bull market. This represents that this range is a very solid chip base So， Is it because the chip vacuum zone is unable to defend and will eventually break through? Or does the pancake just scratch the surface of 90000 at the edge of the chip vacuum zone? Welcome to give your opinions, dear ️