Berg Chain Weekly Report (93): More ambitious goals This week, BTC is still operating within the small oscillation range of the past two weeks, The weekly fluctuations are not significant, and the horizontal consolidation is still ongoing, The market continues to erode the patience of individual investors. However, from the perspective of chip structure this week, there is a small detail worth noting: The huge amount of chips that were bought at 61~65K earlier seem to have no intention of selling in the current area ❗ ️ ". // The attached URPD chart represents the distribution of BTC's chip structure. For the analysis logic and detailed tutorial on BTC chip structure, please refer to the following link: https://(((((((x.com)))))))/market_beggar/status/1963776996942741931 As shown in the attached figure: The massive accumulation area of 61-65K currently holds a total of 1.88 million BTC, Compared to last week when only 90000 BTC were reduced, the selling ratio was even less than 5%. In other words, after more than two weeks of narrow fluctuations, these chips have not been anxious about it, On the contrary, it is as stable as Mount Taishan. It is not interested in the current price at all, and has little desire to make a profit. Obviously, there is a high probability that the buying group in this massive accumulation area is not ordinary retail investors, Whether from the perspective of "scale (super large quantity)" or "behavior pattern (calm and composed)", It can be concluded that: They are more likely to be smart money with the ability to choose a large number of entries at low levels and not easily swayed by emotions 」 Speculation is as ancient as mountains, and there is nothing new on Wall Street, Just like every bear market bottom in past cycles, one can always see a huge accumulation of low levels, They can always silently attract funds when the market is quiet, and complete a new round of layout before the bull market starts. The phenomenon of 'bottom must emerge': the solid foundation formed by massive hand changes at the bottom https://(((((((x.com)))))))/market_beggar/status/2083006515175387476 If you are feeling anxious due to the dull fluctuations of the past two weeks, Perhaps you can ask yourself: These 2 million BTC are not panicking anymore, what do I have to panic about? '' That's all for today's content. Have a nice weekend, everyone // This week's article review [Periodic Consolidation] Niuchu Trading Strategy Analysis Post Summary https://(((((((x.com)))))))/market_beggar/status/2095329438825406624 The inevitable path of bull bear transition: the increase of funds returning to the market https://(((((((x.com)))))))/market_beggar/status/2094240043833630980 The Door God on the Right: Two hurdles that must be overcome to open a bull market https://(((((((x.com)))))))/market_beggar/status/2094605152410116198 'Weak uptrend or momentum building relay?': Analysis of BTC liquidity volatility structure https://(((((((x.com)))))))/market_beggar/status/2094968599513604427 The 'excuse' for bull market correction: evaluating potential resistance areas from divergence https://(((((((x.com)))))))/market_beggar/status/2095694533904433351