[CryptoQuant: Miners are reducing distribution and may start accumulating BTC, Bitcoin needs to stay above $112,000 to challenge new highs] According to CryptoQuant analyst ShayanMarkets' observations, the 30-day moving average of Bitcoin miners transferring tokens to exchanges has recently dropped to a short-term low, indicating that miners are reducing distribution and may start accumulating BTC. This trend aligns with Bitcoin's latest rally, breaking above $115,000, reinforcing miners' bullish market sentiment. The analysis points out that changes in technical structure combined with miner accumulation provide a positive market outlook for Bitcoin. As long as the price remains above $112,000, Bitcoin is expected to maintain momentum and challenge its historical high once again.