#BTC走势分析 Share some on-chain data, the supply of long-term holders has not yet reached a peak plateau. Based on the analysis of the previous peaks, generally, when the values reach the top, they will plateau for a period of time. After the plateau, it usually takes 1-2 months for Bitcoin to start trending downwards, as it takes time for large holders to offload their positions.

I still maintain my previous viewpoint. Current signs and indicators suggest that we are still in an upward trend. The current position of 110,000 is not the peak of this round; the peak is still expected to be between 150,000 and 200,000. Bitcoin has increased by nearly 50% from early April to now, with hardly any significant pullback. The rally from September to November last year also saw a 40% increase over nearly 2 months, with one significant pullback in between. I believe these two situations are similar and represent a continuation of the upward trend.