Yesterday, Bitcoin fell 0.77% in the last 24 hours. However, the supply held by long-term holders reached a new high, with the number of wallets holding more than 10 BTC continuously increasing, indicating that 'smart money' is still accumulating. Institutional funds are also flowing in, with ETFs (such as BlackRock's IBIT) attracting over $560 million in the past week, driving prices upward. Overall, although Norway's policy has brought short-term uncertainty, in the long run, factors such as the increasing institutional holding ratio of Bitcoin and supply tightening remain favorable for the medium to long term.
