Berg Chain Weekly Report (97): Change of ownership of a single massive accumulation column Time flies, and without realizing it, BTC oscillated within a narrow range for about two weeks again, The trend of BTC this week is still the standard "up and down wash within the range", Maintaining the horizontal consolidation structure since 09/22, there is currently no clear statement. However, even if the price does not show a clear direction, BTC has shown some new signals in the distribution of chips: // 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: one ️⃣ A huge accumulation area of 61-65K The current accumulation amount is approximately 1.622 million pieces Compared to last week's 1.689 million, only about 67000 were reduced The extremely low willingness to sell continues to demonstrate the 'firm holding' attitude of this group two ️⃣ A huge accumulation area of 83~85K The current accumulation amount is approximately 1.51 million pieces Compared to last week's 1.38 million, there has been an increase of approximately 130000 pieces The accumulation speed is extremely high, causing the current largest 'single massive accumulation column' to appear again in this area Yes, in the past two weeks of turbulence, funds from unknown sources, Quietly, continuously, and rapidly accumulating chips in the range of 83-85K, The rapid turnover not only resulted in a single massive accumulation column of over 800000 pieces in the current area, This has led to a significant increase in the concentration of BTC chips, Further providing favorable conditions for the potential surge in volatility. Whether you think BTC at 83-85K is overvalued or undervalued, expensive or cheap, The objective fact is that the market is currently betting with real gold and silver in the range of 83-85K, Even if it may still fall below this range in the future, as long as the current fundraising group does not panic and sell, The gravitational effect of the URPD chip accumulation area will continue to exist, "sucking" the price back to the original range. The phenomenon of 'bottom must emerge': the solid foundation formed by massive hand changes at the bottom https://(((((((x.com)))))))/market_beggar/status/2083006515175387476 That's all for today's content. Have a nice weekend, everyone // This week's article review 492 Day Tribulation ": A Devil's style Stranding to Overthrow the Early Stage of the 2023 Bulls https://(((((((x.com)))))))/market_beggar/status/2104390699865223595 XPL Position Tracking: The first take profit target has been reached, with the sword pointing at 0.1668 https://(((((((x.com)))))))/market_beggar/status/2104751532852056457 'The accelerator is still not fully pressed': Latest data sharing of BTC fundraising trend rating indicators https://(((((((x.com)))))))/market_beggar/status/2105111671610196379 A new round of liquidity slaughter begins: BTC low-level trend deduction https://(((((((x.com)))))))/market_beggar/status/2105476158255239352 'A touch of greenery': the budding external capital increment of BTC https://(((((((x.com)))))))/market_beggar/status/2105840654345818401 // [Business hours] PopDEX is the only Perp DEX supported by Bitget, During the testing phase, there was already over 1.7 billion US dollars in trading volume and a 61M scale LP pool, And so far, three rounds of actual cash rewards have been distributed Friends who are interested in enjoying the benefits of 'early participants', You can register using the link to the top message in my public group (with a join link on the homepage)