$BTC According to Crypto Quant analysts, the market has entered the final phase of the current bull cycle, driven by a noticeable decline in the long-term use of young coins (UTXO). This trend suggests that the market may be nearing its peak, expected sometime between the first and second quarters of 2025. The UTXO Age Bands metric, which segments coins by how long they’ve been held without movement, provides insights into investor behavior. These age bands range from coins held for 1 day to 1 week, 1 month, and beyond, giving a clear indication of whether holders are more active in trading or prefer to hold their coins. #BTC走势分析