BTC Crowdfunding Trend Rating Update: Oversold Rebound Caused by Re Crowdfunding ⛽ ️ It's been a long time since I last updated the 'BTC Crowdfunding Trend Score' with everyone, Today, I plan to share with you again some of the latest biases related to this indicator. BTC experienced a typical oversold rebound after violently falling below 60K; At present, how long will the rebound last and can it form a reversal, These are all issues that we must closely monitor. // The indicator in the attached image is the "BTC Crowdfunding Trend Score". According to convention, Let's first help all new and old friends revisit the concept of this indicator. BTC Crowdfunding Trend Rating: ➡️ Analyze the trend of wallet balance changes among various ethnic groups in the past month to define the intensity of fundraising ➡️ The closer the score is to 1, the more actively large participants have been attracting funds in the past month ➡️ The closer the score is to 0, the more likely it is that large participants have stopped attracting funds or even distributing them in the past month ➡️ When calculating, exclude miners and exchanges The influence of specific ethnic groups As shown in the above figure: The darker the color, the closer the score is to 1, and the more active the fundraising behavior of large participants The lighter the color, the closer the score is to 0, and large participants will stop attracting funds or even distribute them For more detailed instructions, please refer to this link ： https://((((((x.com))))))/market_beggar/status/1972475238370972067 // As shown in the attached figure, from the perspective of "fundraising trend rating", Looking back at the bear market trend of BTC in the past six months, a clear pattern can be found: ➡️ Top of the second half of 2025: consolidation stage, indicators turning yellow（ ）， Start distributing ➡️ January 2026: Top of the relay: consolidation stage, indicators turn yellow（ ）， Start distributing ➡️ From February to May 2026: Distribution will be maintained from start to finish（ ） state 2025 BTC Top Hunting Plan: The Whole Process of Short Order Trading https://((((((x.com))))))/market_beggar/status/1991320675865489815 Returning to the present, we can see: After BTC completed its final tremble below 60K, The indicator color quickly deepens（ ）， Indicating that funds have started to enter the market to buy the bottom, Combined with some contract market data, it can basically explain the recent rebound trend. However, my opinion remains the same as my analysis post from the past week (see end of article for details): If there could be another drop below the previous low, it would be a more ideal situation for bottoming out ✅」 The core reasons have been mentioned in my regular posts, so I won't go into too much detail here, Interested friends can refer to the article summary at the end of the article, briefly mentioned here: If you fall below the previous low, you can take advantage of the opportunity to clear the low-level Liq below and step into the bottom buying area of the deep bear valuation model. Based on this idea, let's go back to our BTC fundraising trend rating: If in the future we can see indicators turning yellow at some point（ ）， This indicates that the rebound may be nearing its end, and at that time, we may be able to prepare for the 'last little tremor'. Of course, if there is a signal, I will definitely hold my position and report to everyone as soon as possible. The above is today's content, hoping to be helpful to everyone // Related reading resources Liq analysis of small-scale oscillatory structures: new liquidity is gradually gathering https://((((((x.com))))))/market_beggar/status/2066337559052173370 Continuing the discussion on RUP: Why is it said that we are not far from the bottom of the bear https://((((((x.com))))))/market_beggar/status/2064888551414915362 Another perspective on peering into the bottom of the cycle: 'Desperate moments with losses at the forefront' https://((((((x.com))))))/market_beggar/status/2064526581041975350 The first glimmer of hope: PSIP bear market bottom signal begins to emerge https://((((((x.com))))))/market_beggar/status/2063800180227588374