Analysis: Bitcoin chip structure appears in the fault range, and strong trends may emerge
According to online reports, online data analyst Murphy issued an article saying that the Bitcoin chip structure reproduces a fault range. The fault range of URPD (UTXO realized price distribution) is currently US$11,000 to US$115,000. Disjunction of chip structures has been rare in history, and most of them have extremely strong trends after they occur. For example: December 24, 2020-When BTC quickly rose to US$24,000, a fault range between US$19,000 and US$22,000 appeared, and BTC rose to a maximum of US$64,000 since then; November 14, 2024-When BTC quickly rose to US$87,000, a fault range between US$73,000 and US$85,000 appeared, and BTC rose to a maximum of US$106,000 since then; Traders should not simply crave a boat and think that this "fault phenomenon" will definitely follow the strong trend market in the future. However, it cannot be ignored that market sentiment will have inertia and will not stop abruptly once it is ignited. The biggest difference between this "emotional inertia" and the historical scenario is that the altcoin did not see a general increase. Only BTC led the rally, adding more uncertainty to the maintenance of sentiment in the later period. In addition, it is only a matter of time before all faults in URPD in history will eventually be filled. Sharing is only used for learning exchanges and not as investment advice.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.