Beggar Chain Weekly Report (#89): Over 2 Million BTC Accumulated Unlike last week, this week’s BTC trend has been predominantly upward, but the “major volatility” we’ve been anticipating still hasn’t arrived. The largest fluctuation within the week was only 5%. The market over the past month is increasingly reminiscent of early 2023: silent, lifeless, with prices stagnant like still water. But this only makes me more excited for what’s to come. // Attached is the URPD chart, which represents the “BTC token distribution structure.” For the analysis logic & detailed tutorial on BTC token structure, check out the link below: https://(((((((x.com)))))))/market_beggar/status/1963776996942741931 In the past three weekly reports, we’ve been tracking the massive accumulation zone at 61–63K. Now, since a trend-driven market has yet to emerge, not only are more and more tokens continuing to pile up in this area, but over the past week, this massive accumulation zone has expanded from 61–63K to 61–65K. As shown in the attached chart: ➡️ Currently, approximately 2.365 million BTC are accumulated in the 61–65K range. ➡️ The single massive accumulation column at 63K now holds around 970,000 BTC. As mentioned in previous weekly reports: With more and more tokens continuously exchanging hands within the same narrow range, the arrival of major volatility (or trend-driven movement) is only a matter of time. And once again, let me remind everyone: Massive accumulation not only impacts short- to medium-term volatility but, from a long-term perspective, it’s also a sign of market consensus forming: “While heavy token turnover in the same range doesn’t necessarily indicate a bottom, there’s a high probability that a bottom zone is accompanied by significant token turnover.” “The Phenomenon of Bottom Formation”: A solid foundation built by massive turnover https://(((((((x.com)))))))/market_beggar/status/2083006515175387476 That’s all for today’s content. Wishing everyone a great weekend! // This Week’s Article Recap “Horizontal Structure Continues to Build Momentum”: Liq gravity remains in effect https://(((((((x.com)))))))/market_beggar/status/2084085146085666979 “The Myth of Iron Bottoms”: Latest CVDD data update https://(((((((x.com)))))))/market_beggar/status/2084449286927049028 BTC Long- and Short-Term Holder Cost Data Update: Is the crossover still far off? https://(((((((x.com)))))))/market_beggar/status/2084818219072954827 “The Cycle of Liq Construction and Destruction”: Gravity range continues to narrow https://(((((((x.com)))))))/market_beggar/status/2085174650653573450 “Is the Retreat Starting?”: U.S. capital sentiment curve shows signs of decline https://(((((((x.com)))))))/market_beggar/status/2085543188799094800