The data of long-term holders who have held positions for more than a year is also data that has never been erroneous in history. Although the data has been somewhat unstable in the past two days, there is no obvious sign of distribution. But last week, it was always in a distribution situation. Considering the current price trend, even a turning point will give a longer oscillation time. From the data of long-term BTC holdings, it may be slightly earlier to say that BTC has entered a bear market. This article is sponsored by Bitget | @ Bitgetzh