Berg Chain Weekly Report (83): A new round of bottoming out begins The main tone for BTC this week is downward, and it has once again fallen below the previous low of 59K in early June, As expected, the market has entered a new round of bottoming out. In this article, from the perspective of the CBD chip distribution heatmap, Let's talk to you about 'What is the bottom hand changing signal of health', And share some of my personal biases about the current market situation ： // 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 topic we're going to talk about today was actually shared with you all in late March of this year, The core logic is: 'Almost every appearance at the bottom is accompanied by a huge number of hand changes.'. Interested friends can refer to the analysis post at that time ： The 'Ten Year Unchanged Law': Waiting for the Periodic Bottom Signal of Massive Turnover https://(((((((x.com)))))))/market_beggar/status/2036258342751076839 Going back to now, even if BTC falls below the previous low of 59K again this week, We still haven't seen any obvious hand changes on the CBD heatmap, From the perspective of chips, market funds did not quickly sell at the bottom this week. This situation is actually consistent with our analysis over the past few weeks: BTC is still missing that last little tremble. I believe that as long as BTC officially enters the 'deep bear valuation model bottom fishing zone' in the future, The massive signal of chip turnover is only a matter of time, At that time, combined with the data from the deep bear model, the massive turnover of chips, and the market's loss state ... wait, We can definitely obtain clearer and more specific signals for bottom fishing. Bottom fishing is necessary, but not based on market sentiment, but objective data; Maintaining patience is the first rule to overcome every bear market situation. That's all for today's content. Have a nice weekend, everyone // This week's article review Liquidity Gravity tug of war: Latest low-level Liq analysis https://(((((((x.com)))))))/market_beggar/status/2068872399559569625 US funding sentiment curve update: US sentiment slightly warms up, rebounding https://(((((((x.com)))))))/market_beggar/status/2069237518349054222 Resonance Coming: Latest Cost Data Update for BTC Long Term Holders https://(((((((x.com)))))))/market_beggar/status/2069600684824264739 Is' Double Bottom 59K 'a true bottoming or bullish trap? https://(((((((x.com)))))))/market_beggar/status/2069961812108558817 Epic Cycle Bottom Valuation Resonance: Second Bottom Exploration on Schedule https://(((((((x.com)))))))/market_beggar/status/2070324576526139573 Mr. Berg was invited to participate in the 168X interview program https://(((((((x.com)))))))/168X_Fortune/status/2069729498208321684