$BTC Chip blood exchange! The whales are quietly laying out, where should retail investors go?

Recently, on-chain data has revealed significant movements: after the plunge in October, the cost structure of BTC is quietly being reshaped!

The majority of chips are now concentrated in the $80,000-$90,000 range, with over 2.5 million coins hoarded, indicating that this range has become a 'moat' for large funds. Meanwhile, the floating profit and loss chips in the current market are approaching balance, suggesting that the market is seeking a new direction.

It is worth noting that long-term holders are gradually taking profits during this cycle transition and external uncertainties. In particular, the most outflow of BTC is from the $60,000-$70,000 cost zone, mostly from the 'smart money' that entered before last year's election, which is now gradually cashing out.

However, don't panic; this doesn't mean the market is out of play—rather, the $70,000-$80,000 range has become a 'chip vacuum.' Once it pulls back here, it is likely to attract new funds to support it.

For retail investors, don't be intimidated by the 'epic distribution'; this is actually a signal of healthy market turnover. You can keep an eye on the $80,000-$90,000 support zone, and if it holds steady, the trend remains controllable; if it falls toward the $70,000-$80,000 'vacuum zone,' it could be an opportunity to accumulate in batches. Hold onto your favored positions, don't get shaken out by short-term volatility, and avoid blindly chasing highs and lows.

Remember, bull markets always grow amidst skepticism; replacing emotions with discipline is the way to laugh last.

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