The data on long-term holders who have held positions for over a year—what I often call the data that has never been wrong in history—previously gave very friendly signals. Up until the recent crash, it showed the distribution status of long-term holders (exchanges). This corresponded to the possibility of Bitcoin's price continuing to rise. But this time, there was a sudden shift to long-term holders accumulating, and it was a significant accumulation. If this accumulation trend continues, it does suggest that BTC's price might indeed have the potential to pull back. Sponsored by Bitget ｜ @Bitget_zh