Latest data on 'trapped old dogs': Have they cut meat yet ❓ Continuing the content of the following quote, I shared with you the situation of a certain ethnic group on 12/03: Those who are trapped in buying BTC above 100000. I mentioned in this post that 'their willingness to sell is very low, as stable as an old dog', Two weeks have passed now, and today I will report the latest situation of these old dogs to you again ： The indicator in the attached figure is URPD, which is basically the distribution map of BTC's chip structure, The horizontal axis represents the price, while the vertical axis (bar) represents the quantity of purchase costs at that price point. For a detailed tutorial on the concept of BTC chip structure analysis, please refer to the following link ： https://((((((x.com))))))/market_beggar/status/1963776996942741931 Before getting to the main topic, let me help you review the analysis logic of the previous post again: ➡️ BTC has experienced an unprecedented 'high-level massive accumulation' (https://((((x.com)))/market_gegar/status/1910515596497936757) ➡️ The price recently fell below the 100000 mark for the first time on 11/04, causing a large number of chips to lose money ➡️ This article and the previous post aim to track down this group of "huge buyers above 100000" who are trapped It has been about 35 days since the first drop below 100K on 11/04, During this period, the accumulation above 100K is as follows: 11/04: Accumulated quantity approximately=5.67 million pieces 12/03: Accumulated quantity approximately=4.8 million pieces 12/19: Accumulated quantity approximately=4.38 million pieces Based on today's data, compared to the accumulation amount at 11/04, About 23% of the hijackers with a total of over 100000 chips cut flesh and admitted losses. If compared to the data on 12/03, the "Huamen Market" in the past 16 days 」 In the middle, About 420000 BTC couldn't withstand the grinding market and chose to surrender and leave. ☀️ It is worth optimistic that: Even though BTC has fallen below 100K on the 35th day, 77% of high-level buyers still choose to hold, while only 23% of sellers. As stated in the following quote: Compared to previous cycles, there has been a significant increase in external funding in this cycle, This includes large buyers such as governments, enterprises, institutions, ETFs, etc, The biggest characteristic of these groups is that they hold positions for a longer period of time compared to individual investors. Although we cannot directly assert that 'the leeks bought above 100K are institutions', But at least from their calm and composed performance, it can be certain that they are not ordinary retail investors ‼️ As the old saying goes, as long as those trapped guys don't have sudden concentrated panic selling, The extent of BTC's decline will be limited, thereby increasing the success rate of the Shallow Bear script. The above is today's content. As we enter the weekend, I wish everyone a happy weekend // Related reading resources Please vote for me! https://((((((x.com))))))/market_beggar/status/2001105996031385719 TMMP Latest Value Update: Key Defense Lines Below https://((((((x.com))))))/market_beggar/status/2000380765197250807 AVIV Heatmap Latest Value Update: Is the Green Zone Coming https://((((((x.com))))))/market_beggar/status/2000743263737930104 Deep Bear Extreme Valuation Update: Buy the 'Iron Bottom' with a 100% Winning Rate https://((((((x.com))))))/market_beggar/status/2001468434849358111 // [Business hours] If you have a lot of U, but don't want to buy at the bottom now .. 」 Let me share with you a great place for financial management: Bitget Wallet on chain financial management ✅ Long term annualization=10%, revenue comes from AAVE+Bitget Wallet long-term subsidies ✅ Stable Coin Wealth Management (USDC), with a minimum deposit of 1 U and support for redemption at any time ✅ Transparent, non collateralized, non revolving loans, maintaining low-risk characteristics Above, interested friends can register with my invitation code below Invitation code: "3jTNi6" (requires manual binding) In addition, Bitget Wallet has recently launched the "Mr. Berg's Exclusive Interest Rate Coupon" campaign You can receive an additional interest rate reward of 2-18.8% on top of the original 10%! Limited to 50 copies, interested friends can message me privately