The 'Phenomenon That Always Appears at the Bottom': A Solid Foundation Formed by Massive Turnover When long-term holders capitulate and surrender significantly, it’s often a sign that the bottom is near. Building on the quote below, today I plan to share with you, from the perspective of token structure, the unique turnover phenomenon that occurs at every cycle bottom. Let’s start with the conclusion : Massive accumulation (turnover) bars (zones) are often the key condition for constructing a solid bottom foundation. // Attached is the URPD chart, which represents the 'BTC token structure distribution.' For the analysis logic & detailed tutorial on BTC token structure, you can refer to the following link: https://(((((x.com)))))/market_beggar/status/1963776996942741931 As shown in Figures 1–3, I’ve shared the URPD token structure charts from the past three cyclical bottoms below. We can basically observe a very clear pattern: ➡️ The bottom requires massive turnover (in plain terms: let the smart money load up first). ➡️ Every cycle bottom is accompanied by a noticeable massive accumulation bar (zone) on the URPD chart. Figure 4 is the latest URPD token structure chart. As I’ve mentioned in my weekly updates, we can clearly see: In the current consolidation range (61–65K), an increasingly massive amount of tokens has started to accumulate. This indicates that as the consolidation process has extended over time, more and more capital is showing interest in BTC at this price level. Combining this with the three bottoming paths I previously shared with you (https://(((((x.com)))))/market_beggar/status/2075529216591053204), regardless of which path the market chooses in the future, based on the current URPD situation, one thing we can be certain of is: the bottom is truly not far away. Finally, as my old friends know: Massive token accumulation zones will exert a 'gravitational effect' on mid-term prices. Even if the price breaks below this accumulation zone in the future, there’s a very high probability it will be 'pulled' back to this range. This, to some extent, strengthens the foundation of this bottom range. Let’s patiently wait for the blessings to come. That’s all for today’s content. Hope it helps // Related Reading Resources 'The Cleanup Begins': Trendline Liq Gravity Officially in Full Effect https://(((((x.com)))))/market_beggar/status/2082653241867960571 'The Divergence in Capital Attitudes Across Two Regions': U.S. capital stays, Asian capital exits first https://(((((x.com)))))/market_beggar/status/2081926743783592189 Latest Data Update on Two 'Deep Bear Market Bottom-Cost Lines' https://(((((x.com)))))/market_beggar/status/2079745937350779015