Chip concentration has risen to 14.8%! One foot is already in the 'high-risk zone.' Heads up! The risk here doesn’t refer to price going up or down, but rather volatility. Chip concentration can’t predict direction, but based on historical data, my buddies and I once discovered a pattern that seems to hold: When the curve starts to turn, if BTC’s price was rising before this, the probability of continued upward movement is higher; conversely, if it was falling, the probability of continued downward movement is higher (as shown in the chart); However, at this very moment, the curve is still climbing. So, for now, we can’t predict which direction has a higher probability. But one thing is certain: risk is accumulating, and volatility is brewing...