🗞 Beig Chain Weekly Report - Top Escape Series (Thirty-Three) 💡 This week's weekly report format will change I released the risk signal update series for "Top Hunting Plan (One)" on Friday, To avoid overlapping content with the series, I want to publish each signal in a separate post, So that I can fully present the content of the signals. Therefore, this week's report will be slightly simplified, Data that hasn't been updated will be updated daily starting tomorrow 🫡 // 1) URPD ⭐️ The focus of this week's report is primarily on the analysis of the URPD chip structure. As BTC prices have reached new highs as expected, some noteworthy signals have emerged in the chip structure. First is the "URPD vacuum gap" caused by a significant surge: 1️⃣ The current gap ranges from 111K to 115K, which is not a very large gap. 2️⃣ More than 300,000 BTC have accumulated above the gap, indicating a rapid distribution. 3️⃣ Below the gap, there is a massive accumulation zone located between 93K and 111K, activating the gravitational effect. I have written many posts explaining the concept of URPD, Including the impact of URPD gaps on the market and the gravitational effect of massive accumulation zones. In simple terms: ➡️ URPD gaps without chip accumulation have very poor support when prices return to the gap. ➡️ Massive accumulation zones will have an "attraction" effect on prices. For detailed conceptual explanations, please refer to the following two articles: 📖 URPD Gaps and Periodic Distribution 📖 Discussing the Largest Potential Chip Structure Risks in URPD Given the current market situation, the massive accumulation zone between 93K and 111K has settled, If future prices cannot strongly surge again to escape the massive accumulation zone, Then the accumulation zone between 93K and 111K will begin to generate a "gravitational effect," Pulling prices back into that accumulation range. The principle is: "Currently, the large amount of chips between 93K and 111K has become floating profit," Their profit-taking selling behavior is likely to "drag down the price"; Unless there is a significant surge that puts them in a state of secure holding, the gravitational effect will always exist. // 2) STH-RP (Short-Term Holder Average Cost) 📊 The current STH-RP = 100,762 This week, the average cost for short-term holders has officially surpassed 100K. It is worth noting that the STH-RP was only 99.7K on 7/9, In just three days from 7/10 to 7/12, the growth rate of STH-RP showed a significant increase, Indicating that many LTHs sold off during these three days, becoming STHs, Resulting in a relatively rapid increase in the STH-RP value. This conclusion can also be derived from Realized Profit, which I will not elaborate on here, You can look forward to the upcoming "Top Hunting Plan" series 👀 // 3) Technical Chart I won't elaborate much on this part, mainly to answer a question. There are many opinions comparing the consolidation structure of the past two months to the consolidation from March to October last year, And based on this, they claim that "the next wave of main upward movement is about to arrive." From a technical analysis perspective, I do not agree with this view, The reason is that "the past consolidation lasted only 2 months," The time span cannot be compared to the consolidation from March to October 2024. Consolidation is itself a process similar to building momentum; the longer it lasts, the greater the force it generates. Two months of consolidation time clearly cannot be compared to eight months, Not to mention that last year's March to October was merely the stage of "the first large-scale distribution" in the cycle, Subsequently, one could expect a wave of main upward movement, which is clearly different from the current situation. However, given the current state of the chart, it has indeed deviated from my initial Stop Hunt expectations. I will update the detailed content in next week's "Top Hunting Plan" series. 4) Conclusion 📝 Key Points Summary: 1️⃣ URPD: A small vacuum area has appeared, next week is a key window. 2️⃣ STH-RP: Has surpassed 100K, with a significant increase in growth rate. 3️⃣ Technical Chart: The past 2 months of consolidation cannot be compared to last year's March to October. - This concludes the thirty-third issue of the on-chain weekly report. I hope it helps everyone～ Below, I will attach all analysis articles related to the "Second Escape Top" during this period in the comments section for everyone to study and reference. As usual, feel free to ask any questions, and I wish everyone a pleasant weekend 🛍 - 📚 This Week's Article Review 80,000 BTC ancient giant whale causing massive Realized Profit Exploring the technical analysis strategies of a "700 times in 4 months" god-level trader AVIV Heatmap data update: An alternative way to assess the top BTC reaches new highs as expected, has it peaked? Top Hunting Plan (One): Divergence of US Fund Sentiment Curve Crydit debit card promotional article.