Cryptocurrency analyst Miles Deutscher shared some interesting observations on social media. He pointed out that despite Bitcoin (BTC) approaching the $100,000 mark, on-chain transaction demand is sharply declining, nearing historical lows. 🤔

The driving force behind this market is mainly from institutions, ETFs, and national participation, making it different from previous cycles. This means that traditional market analysis methods may no longer apply, and investors need to stay vigilant and closely monitor market dynamics. 📊

Regardless of how the market changes, maintaining a rational and neutral attitude is always a wise choice. 🌐