As expected, the weekend was pretty calm, no major storms. Even with the increasingly complex developments in the war, $BTC is still just maintaining slight fluctuations. Over the weekend, I’ve shared a lot of data with you guys. While data doesn’t directly determine price movements, it does show that we’re currently in a buying trend. Both small-scale investors and high-net-worth investors are increasing their Bitcoin holdings on-chain, which indicates that non-short-term investors are indeed buying $BTC. The reason I emphasize non-short-term investors is that if someone is only doing short-term trading, there’s no need to withdraw Bitcoin from exchanges to on-chain wallets. So, whenever Bitcoin is withdrawn or transferred, it generally corresponds to people who either want to hold for a longer time or sell quickly. Right now, there’s more Bitcoin being withdrawn from exchanges, so overall, it seems that more investors believe that even if this isn’t the bottom, we’re not far from it. Regarding the current war situation, regional countries like Turkey, Egypt, and Pakistan are trying to push Iran and the U.S. into negotiations to stop the war or reach a temporary ceasefire agreement. However, these efforts have stalled. Iran has rejected all proposals, including reopening the Strait of Hormuz in exchange for a ceasefire, and refuses to meet with U.S. officials. So, Trump’s Tuesday deadline for resolving the issue peacefully seems unlikely—unless Trump pulls a TACO. Back to Bitcoin data: this is the lowest on-chain turnover I’ve seen in years, with only four-digit figures, not even reaching five digits. This shows that the current price has very little appeal for buying or selling among investors. Plus, with the U.S. holiday, most investors are off enjoying their vacations. In a way, it reflects a general indifference to the current price. Bitget VIP—lower fees, bigger perks!