'Trapped hundreds of thousands of BTC for six months': the last hurdle after STH-RP Continuing from the following quote, today we will discuss from the perspective of chip distribution, Let me share with you another equally noteworthy piece of data At present, BTC is still operating in the region of the "large level long short divide" (see citation below for details), And the volatility in this region has significantly increased, indicating that long and short positions are still engaged in intense fighting. So, what if it continues to rise in the future .. ： // The indicator in the attached figure is the "CBD Chip Distribution Heat Map", and the concept is briefly described as follows: ➡️ The indicator consists of three dimensions, namely "time", "price", and "accumulation volume" ➡️ The darker the color (yellow red), the more chips are stacked ➡️ Deepening color indicates an increase in accumulation; Color fading indicates a decrease in stacking volume The 'Ten Year Unchanged Law': Waiting for the Periodic Bottom Signal of Massive Turnover https://(((((x.com)))))/market_beggar/status/2036258342751076839 Many old friends may remember: In late November last year, when BTC plummeted to 80K, I once shared with you that there is a huge amount of funds entering the market to buy hundreds of thousands of BTC, Interested friends can refer to my 53rd on chain weekly report ： https://(((((x.com)))))/market_beggar/status/1994990114880328065 Although the Coinbase exchange was organizing the wallet at the time, which caused noise in the data, But in fact, after deducting these noises, there are still over 400000 chip purchases. As shown in the attached figure, it is worth noting that: Those chips have been held for nearly half a year since the bottom fishing, Even though BTC plummeted to 60K during this period, they remained completely indifferent. Continuing with the content of the quote below, I believe all of Berg's old friends know that, Currently, BTC is still within the range of my previously proposed 'Script 2', At present, although the price of BTC is slightly higher than STH-RP, However, given that the breakthrough was not significant, it cannot be directly asserted that the breakthrough was successful. But if there is another strong upward trend in the future, There is only one more obvious resistance area above, which is the "84-85K" mentioned in this article ‼️ If BTC can really break through 85K in one fell swoop, From the perspective of chip structure distribution, there is indeed no obvious resistance zone above. Of course, before rising to the resistance level of 85K, we need to first break through the current divergence zone of 81-82K, Once there is a new round of strong upward trend, we need to consider the "door god" of 85K, If we were to assume that BTC would rise to 85K now, it would be premature and groundless. Maintain patience and open up when faced with challenges. The above is today's content, hoping to be helpful to everyone // Related reading resources Signs of US divestment emerge 」： Has Asian capital once again become a major victim? https://(((((x.com)))))/market_beggar/status/2053653283429089554 'Unexpected strength': the probability of filling the imbalance area is once again increasing https://(((((x.com)))))/market_beggar/status/2051116573231038974 The Chu River Han Boundary of Bulls and Bears: Suppression from Short term BTC Holders https://(((((x.com)))))/market_beggar/status/2048943068414632418 // Register on the Bitget exchange to enjoy the highest commission discount and silky smooth trading of US stocks