The impact of active Bitcoin users (#活跃用户影响 BTC) is mainly reflected in the following aspects:

Impact on Prices

• Increased demand drives price up: A rise in active users means more demand for Bitcoin. When market demand exceeds supply, according to the principle of supply and demand, Bitcoin prices tend to rise.

• Enhanced market confidence stabilizes prices: An increase in the number of active users attracts more investors' attention, instilling greater confidence in the market's future development, encouraging them to hold Bitcoin and reducing selling behavior, thus helping to stabilize or increase prices.

• Reflect market sentiment, boosting or dragging: The trading behavior and sentiment of active users can affect market atmosphere. When active users are buying enthusiastically, it can lead more people to follow suit, pushing prices up; conversely, if a large number of active users panic-sell, it may trigger market panic, leading to a price drop.

Impact on Market Trends

• Signaling market direction: A continuous rise in active user numbers is usually a signal that the market is entering a bull market, indicating that the market is generally active and expanding; a significant drop in active users may indicate the market is entering a bear market or is in a correction phase.

• Influencing market activity: The more active users there are, the higher the market's trading activity, and indicators such as trading volume and transaction value will also rise accordingly, making the market more prosperous and attracting more funds and participants.

• Driving related market development: As the leader in the cryptocurrency market, an increase in active users of Bitcoin will boost the activity of the entire cryptocurrency market, attracting funds into other cryptocurrencies and related projects.

Impact on Industry Development

• Promoting technological innovation: More active users participating means higher demands for technology, which will encourage development teams to continuously upgrade and innovate technology, such as improving transaction speed, reducing transaction costs, and enhancing security, thereby promoting the development of blockchain technology.

• Facilitating application expansion: Active users