#加密概念美股 Industry insiders point out that large traders have hoarded a significant amount of Bitcoin, estimated to account for 23% of the total Bitcoin circulation. The implications behind this sell-off could be quite significant, representing a bearish outlook from experienced players regarding the future price of Bitcoin. However, the CEO of CryptoQuant stated that Bitcoin demand appears to be stable, which is insufficient to classify the market as a bearish market. Tagus Capital analysts indicated that the initial disappointment in the U.S. government's strategic Bitcoin reserves affected trading sentiment. Concerns over Bitcoin's strategic reserves may have been exaggerated, as the U.S. government may purchase Bitcoin in a manner that does not exceed its budget in the future, while other countries will also accelerate the adoption of Bitcoin as a strategic reserve.