Berg Chain Weekly Report (94): Those who attract funds from the bottom don't care about CPI at all The main tone for BTC this week is downward, but despite this, The price still hasn't fallen below this three week oscillation range. On Friday, the United States released CPI data, and BTC cooperated well with the performance, Draw a gate on the low-level candlestick and send away a leveraged position. It's interesting that there is a group of smart money that doesn't seem to care about CPI at all. // 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 group that previously raised nearly 2 million BTC in large quantities from 61 to 65K, In the past three consecutive weeks of narrow consolidation, there has been a very low willingness to sell, Last week, only 90000 were sold, and this week's selling volume has even decreased again, with only 53000 sold. At present, there are still 1.827 million piles in the range of 61-65K, Even though this week's CPI data has ignited market expectations of interest rate hikes, But this group of 'smart money suckers at the bottom' seems to have no regard for CPI at all, This indirectly confirms the holding pattern of this group of people: 'The general is on his way, not hunting wild rabbits', Just like the giant investors at the bottom of every bear market cycle in the past, their target is always locked at the top of the bull market The phenomenon of 'bottom must emerge': the solid foundation formed by massive hand changes at the bottom https://((((((((x.com))))))))/market_beggar/status/2083006515175387476 In addition, as usual, we will take a look at the "latest potential candidates for the massive accumulation area", That is to say, the increment of chips between 76-80K: At present, there are a total of 1.372 million piles of 76-80K, an increase of 145000 compared to last week. As can be seen with the naked eye, 76-80K is developing in the direction expected in our weekly reports a few weeks ago, On the entire URPD chip distribution map, it can be seen that the accumulation of 76-80K chips is becoming increasingly prominent, This is a healthy signal that benefits the development of a bull market: 'Funds relay, chip focus gradually shifts upwards'. Finally, if there is a daily level correction in the future, based on the existing data, We should not be overly bearish in the general direction, but rather abandon the bear market mentality, At least 1.83 million BTC of 61-65K and 1.37 million BTC of 76-80K, They have already placed their bets on the next bull market, unless you want to be against them. Written in the beginning of the cow https://((((((((x.com))))))))/market_beggar/status/2091702058009420064 That's all for today's content. Have a nice weekend, everyone // This week's article review Analysis of altcoin structure: XPL left side trading strategy sharing https://((((((((x.com))))))))/market_beggar/status/2096781658892767448 Interval Nightmare: The oscillation continues, and the liquidity strangulation continues to unfold https://((((((((x.com))))))))/market_beggar/status/2097141638909071598 The sea of learning knows no bounds, and the hardships of sailing are endless ⛵ ️ https://((((((((x.com))))))))/market_beggar/status/2097502013894676881 Yellow Peril Over the Border? ": Initial Emergence of Distributing Power https://((((((((x.com))))))))/market_beggar/status/2097866911203872806 Is the daily level correction starting? "Three essential gold trading points you need to know https://((((((((x.com))))))))/market_beggar/status/2098227887241576624