Beggar Chain Weekly Report (#65): The First Massive Volume Bar Appears The Lunar New Year holiday is coming to an end, and BTC is still moving sideways. It’s been over two weeks since the phase bottom following the 2/05 crash. During this time, even though the price action has been dull, the chips are quietly “taking positions,” getting fully prepared for the next trending market. As usual, here’s a quick update on the current chip distribution : The attached image is a URPD chart, which represents the “BTC chip structure distribution.” For the analysis logic and detailed tutorial on BTC chip structure, check out the link below: https://(((((x.com)))))/market_beggar/status/1963776996942741931 For the bulls out there, there’s one medium-to-long-term optimistic signal worth sharing today: “A single massive accumulation bar has appeared around the 67K level.” Every time I talk about chip distribution, I always emphasize one key concept: “Massive accumulation = A positive signal for bottom formation.” The reasoning behind this is simple: When massive accumulation appears at the same level, it indicates a large amount of trading activity at that price point. And trading activity equals “buying + selling.” In other words, massive accumulation suggests that “a large amount of selling has been absorbed in the same area,” which means capital is starting to show interest in BTC at the current price . However, the URPD chart itself doesn’t provide much guidance for short-term price movements. The appearance of massive accumulation can only be considered a positive signal. From my personal bias, I still maintain the same judgment as before: The market needs at least 1–3 months of recovery after the crash . The Appearance of Extreme Volume: The Starting Point of a New Round of Consolidation (Published 2/10) https://(((((x.com)))))/market_beggar/status/2021037913686016212 That’s all for now. As the New Year holiday wraps up, I wish everyone a smooth return to work and a prosperous year ahead . // This Week’s Article Recap The U.S. Firepower: U.S. Capital Sentiment Curve Drops to a New Low https://(((((x.com)))))/market_beggar/status/2023222574931701796 PSIP Bottom Signal “Bonus Chapter”: Another Perspective on Evaluating Bottoms https://(((((x.com)))))/market_beggar/status/2024313705262121308 Golden Pit Tracking Series (Part 2): Latest Data on the “Four Major Bear Market Bottom Models” https://(((((x.com)))))/market_beggar/status/2024664344257245584