A single massive pile of nearly a million: fluctuations are really coming .. ⚠️ Continuing from the following quote, from a technical perspective, we can see that: The price amplitude gradually narrows and the volatility shows an extreme convergence state. Today, let's take another perspective, which is the distribution of BTC's chip structure, Let me talk to you about the tranquility before the storm 」。 Let's start with the conclusion: volatility is not far away from us .. ： The attached URPD chart represents the distribution of BTC's chip structure. For the analysis logic and detailed tutorial on BTC chip structure, please refer to the following link: https://((((((x.com))))))/market_beggar/status/1963776996942741931 I believe all friends have seen it: In the attached figure, there is an extremely eye-catching single massive pile up column with a price of about 87K, The current accumulation amount is about 933000 pieces If compared to the day when the market hit its bottom on 11/21, The position of 87K has accumulated approximately 826000 pieces in the past 41 days ‼️ And although there have been previous disruptions caused by Coinbase's internal wallet organization, But the incident occurred between 83-85K, so this time there is a massive accumulation of 87K, Basically, it does not include the noise of Coinbase organizing the wallet at all; In other words, the 826000 newly added chips are mostly caused by the accumulation of real gold and silver purchases Old friends all know that once there is a huge accumulation in a narrow range, It indicates that the market has a high probability of experiencing significant fluctuations. In history, a single massive pile of over 800000 pillars is already very rare, At present, the 87K has nearly one million pieces, and its power behind it is self-evident. Compared to the data I shared in last week's weekly report (https://((((x.com)))/market_gegar/status/2005128592330760476), In less than a week, there has been an additional accumulation of approximately 189000 pieces at the 87K location, It indicates that there is indeed a group of quietly moving funds in the market, quietly sweeping 87K of goods. Finally, based on the content of the following quote, I would like to reiterate my personal bias to everyone: I personally prefer to see BTC fall below its previous low of 80.5K, Then quickly retrieve it in a short period of time, accompanied by a strong taker buy, By completing a large-scale Stop Hunt, the foundation structure is healthier Today is Friday, and tomorrow will soon be the dry time of the weekend, Therefore, in terms of the timing of the statement, I estimate that the probability of it happening next week is higher; During this period, if BTC continues to maintain a sideways trend within a narrow range, Then there will inevitably be more chips piled up here, and perhaps we can see a huge column of over a million chips at that time .. The above is today's content, hoping to be helpful to everyone // Related reading resources One of the prerequisites for trend initiation has been completed: new buyer's return to temperature has been confirmed https://((((((x.com))))))/market_beggar/status/2006180325135900998 USDT Transfer Trend Data Update: Precursor of Trend Initiation https://((((((x.com))))))/market_beggar/status/2003280923312394389 Latest data on 'trapped old dogs': Have they cut meat yet https://((((((x.com))))))/market_beggar/status/2001836972445438425 STH-NUPL's "-0.2" makes a comeback: the formation of the bottom structure https://((((((x.com))))))/market_beggar/status/1998569412832670030