The driving force behind BCH’s rally comes from people who came back to participate in the halving bull market and took a look at BTC and were deterred. Early holders of BTC, people whose BTC was sucked away by institutions at high prices and can never go back. People who can’t afford a full Bitcoin. They are all poor people, and the group is huge, accounting for 80% of the entire currency circle. Most of their assets do not exceed 500,000 yuan.