[Bitcoin Miner Reserves Continue to Decline Slowly, Suggesting Bitcoin May Consolidate in the Short Term] BlockBeats News, May 22: According to the latest data from CryptoQuant, Bitcoin miner reserves have continued to decline to approximately 41,915 BTC. Supply is still flowing into the market, but the Miner Position Index (MPI) remains at a weak level (around -0.26), indicating limited selling pressure from miners and no signs of panic selling. Analyst PelinayPA pointed out that the current moderate supply pressure suggests Bitcoin is highly likely to maintain a consolidation phase in the short term rather than a rapid rebound. Miners' cautious stance implies that the true market bottom may still require more time to confirm, and investors should remain vigilant about the continuation of volatile market conditions. [Original Link]