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$BTC The weekend was just as expected, and there was no storm. Even though the war-market trend has become more convoluted, $BTC it is still only maintaining slight fluctuations. This weekend has already shown a lot of data to fellow users. Although the data cannot determine whether prices will rise or fall, from the data we can see that we are currently in a buying trend. Whether they are small-scale investors or high-net-worth investors, the Bitcoin on-chain inventory is rising. This indicates that non-short-term investors are indeed buying BTC.
And the reason I say “non-short-term investors” is that if you only do short-term trading, there is no need to move Bitcoin from exchanges to the chain. So whether it is withdrawing or transferring in, basically it corresponds to wanting to hold it for more time or to get rid of it as soon as possible. At present, more Bitcoin is being transferred out of exchanges, so overall, more investors may feel that even if this is not the bottom, the bottom is not far away.