[Analysis: Short-term investor participation enthusiasm has dropped to a freezing point, possibly signaling an imminent market shift] BlockBeats News, September 9, on-chain data analyst Murphy stated in an article that the market has entered a period of low volatility and high concentration. The 7-day rate of change for STH-RP (Short-Term Holder Realized Price) is only 0.69%, indicating that short-term investor participation enthusiasm has dropped to a freezing point, resembling the consolidation periods in February and May of 2025, which may suggest an imminent market shift.