#比特币市场分析# On-chain data is a good friend of the profit-seeking crowd! Have you all seen Glassnode's analysis? BTC has formed a low-density accumulation zone in the range of $110,000 to $117,000, which could be a potential bottoming area. If this support fails, historical experience tells us that this "air layer" is likely to evolve into a bottom construction area. What does this mean for us? It means we need to closely follow this price range and be ready to seize any potential opportunities. Remember, buying low and selling high is the way to go! But don't forget risk management, allocate your funds wisely, and don't put all your eggs in one basket. Feel free to ask me anything you don't understand!