Bitcoin may experience significant volatility. The BTC concentration indicator shows that there may be a big market movement soon. What is concentration? It refers to the buying prices of many BTC being concentrated near the current price, making market sentiment easily ignitable, which could lead to a surge or a drop. Historical data shows that when the concentration exceeds 13%, it often signals significant volatility. The last time concentration was high, it surged 42% in February 2024 and dropped 15% in February 2025. Currently, it has reached about 12%, close to a sensitive area.

In addition, the BTC chip distribution shows that while it seems there is no volatility, a large amount of chips is highly concentrated between 【93200-97500】. Whether it’s taking profits at the lower end or selling off at the upper end, a lot of turnover is happening in this area right now. And when someone sells, it means someone is buying in large quantities. For example, MicroStrategy bought another $1.42 billion worth of BTC last week, with an average purchase price of $92,737.

In summary, it’s coming soon, something big is about to happen, either a surge or a drop. Personally, I believe that after a surge, there will be a correction followed by another surge, thus forming a reversal. Alternatively, there could be a drop, and after a round of cleansing, it will continue to surge, thus forming a reversal. Regardless of which scenario plays out, the reversal window will definitely be accompanied by news of interest rate cuts.