From the fluctuation of BTC price range, it can be seen that ETH and counterfeit market trends are more direct Based on the URPD data of BTC, the price range obtained from the holding prices of long and short-term holders is: A、 92000-109000 range: The range in which long-term holders distributed chips from November to December last year, which is also the range in which short-term holders received orders. B、 76000-87000 range (approximately up to 92000): The vacuum range where the main wave rose before, I don't know if you still remember, but this range was extended from November 10th to November 11th last year. That is to say, there are no short-term holders accepting the offer. C、 65000-74000 range: In the previous round, which was at the beginning of last year, the range for long-term holders to distribute chips, that is, the range for short-term holders to receive orders. PS： 74000-76000 also broke through on the day of the 11.6 election. D、 53000-64000 range: The bottom suction range for long-term holders before the main uptrend in November December last year, which is the range where short-term holders (in the 65000-74000 range) surrender their chips. The time was from the end of July to early September last year E、 Below 53000: This is the previous washing range, dating back to 2021. Mainly the month after 1.11 last year plus the period before October 2023. Summary: The various panics in February this year, although they hit the market, did not result in a large-scale sale of chips in the above A range. There was no situation of chip surrender from July to September last year. Currently in the B range, which is the vacuum range. The upper part of the vacuum zone, which is the range of 85000-92000, is hovering. This range is not an emotional FOMO period, and naturally corresponds to unfavorable ETH and counterfeit market trends. That is to say, there is a need for positive news in the future. The specific positive news mainly includes this month's dot matrix, which is the expectation of interest rate cuts, as well as the slowing down of balance sheet reduction and the further move towards ceasefire in Russia and Ukraine. Simply put, it means whether there is liquidity coming in and no longer any risk aversion. If you break through this range and stand firm, and come to the A range, then ETH will rise, and then counterfeiting is expected. But it's also local, after all, the emotions, funds, and especially the funds at this time are not the same as those in November and December last year. Of course, if ETH can be hyped up during this period, it will be even more able to drive emotions and funds.. If there is a bearish trend and the current range of 85000-92000 continues to decline, such as the disappearance of the positive news mentioned above or the emergence of even more terrifying negative news, such as problems with US inflation and the economy, then it may enter the lower level of the B range, which is the vacuum range, Even reaching the C and D ranges depends on the level of emotional panic. If it continues to decline, it will be considered a complete bear market. It is estimated that short-term holders will hand over their chips by then, and long-term holders will then attract the chips and engage in a new round of expected market trends. Of course, is it possible that there won't be a recession? There is also a possibility that the vacuum zone, also known as the B zone, will oscillate, keeping short-term holders in the long term and waiting for new positive emotions and funds to enter. Next, it depends on the corresponding market situation at the macro and policy levels. For your reference, if you find it helpful, please feel free to connect three times with just one click. Thank you everyone