Compared to the volume of short-term holders, the volume of long-term holders has slightly increased after a peak decline at the 100,000 level. This indicates that tokens purchased by short-term holders 155 days ago have now entered the queue of long-term holders. In simpler terms, long-term holders (addresses) lost this identity during the process of selling Bitcoin at the peak. Those who purchased and have held since 155 days ago (addresses) have now become long-term players. The behavior of increasing supply volume among long-term holders generally occurs during a downward trend.

The faster and more the supply volume of long-term holders increases during a price decline, the closer the market is to a cyclical bottom or bottom position. However, we are currently only in the process of completing a round of decline and beginning to grow again. It can be roughly inferred that if prices continue to fall, the supply volume of long-term holders will also continue to increase, unless it returns to the peak again. #加密市场回调 #本轮牛市周期预期 #特朗普上台概念币有哪些？