Figure 1: Greater than 1k addresses continue to increase, especially with 10k-100k giant whale addresses Figure 2: Profit-taking entities are at all-time highs and may be ready for profit-taking Figure 3: Open positions are near record highs, with higher risk Figure 4: Short-term holders began to increase, long-term holders decreased, indicating that the receiver began to enter, long-term holders gradually exit, to be crazy, is the day of the top Short-term funds began to shift from the bit to other, pay attention to the opportunity to cover the rise

Figure 1 10k-100k national day increased 25w bitcoin, large investors crazy absorption Figure 2 Short-term holders have raised their heads, coin price rise is expected to continue. Figure three Figure four liquidity supply decreased, the exchange coin volume continues to be low, the market supply is not large. Morphology, yesterday's analysis to 2-3 days of sideways time, today still maintain the view of the oscillating market, the daily needs to wait for the MA5 to come up to step on, or even to go to insert the MA10, after all, is through the sharp pull up, there must be profit-taking discs appear, after absorbing these floating supply, before continuing upward. The big level is fine, after the breakthrough did not trigger a large-scale supply appeared, is a valid breakthrough. Intraday empty point 55000, more points on the 53000 near, depending on the small level trend to find more single advantage intervention position. In addition, the chain earnings entity hit a new 5-month high, the position will be a certain change of hands; 1k-10k coin holdings have not changed much, sustained selling pressure has not appeared. Conclusion: The coin price in this position, no matter horizontal or retracement, is to lay the foundation for the rise

Figure 1: Short-term holders are still not rebounding, and the coin price is difficult to sustain. Figure 2: The exchange stock continues to be low, no basis for smashing. Figure 3: Long-term holders are in the green zone, this indicator means the market will continue to rise. Figure 4: Stable coins within the exchange continue to be high, which is the basis for a future pull.

The data on the chain has not changed much, the market trend is healthy and still in the oscillation range. The wave of retreat in China is still going on, even Imtoken has started to retreat Chinese users, I believe this wave will continue, there will be no more China in the cryptocurrency circle map, Chinese cryptocurrency circle bigwigs have retired, the cryptocurrency circle in China has become the secret game of very few people.

Figure 1: Short-term holders have fallen to historic lows, meaning that selling pressure is hard to continue. Once the number of short-term holders rebounds in the future, it will bring the market up. Figure 2: Long-term holders continue to grow, which is the basis for the rise of the coin price. Figure 3: The exchange balance continues to below, the market supply is low and it is hard to have a big fall. Figure 4: Liquidity supply continues to decrease, no basis for a crash. Overall still healthy, no big up or big down logic, continue to shake mainly.