[Block Rhythm] On August 7, the latest cryptocurrency weekly report cited data indicating that Bitcoin's price retreated from a high of $123,000 in July to $113,000, putting recent new investors into unrealized losses and forming a large supply cluster with a cost basis above $116,000. The lower edge of this cluster has been tested multiple times and triggered rebounds, but the decisive fall on July 31 caused the price to enter the "vacuum zone" indicated in previous reports. Historical data shows that such low liquidity ranges often evolve into new accumulation zones. By comparing the UTXO realized price distribution (URPD) on July 31 and August 4, it can be seen that when the price rebounded from a low of $112,000, about 120,000 BTC were absorbed by investors, pushing the price back above $114,000. However, the total supply within the range of $110,000 to $116,000 remains low, and if accumulation continues, it may lay the foundation for the next wave of pumps. Despite accumulation in the past week, the rebound strength is still insufficient to recover the cost basis of nearly one month of new holders (the one-week to one-month holdings group)—currently, this level has transformed into a resistance level, located around $116,900. If the price can continuously break through this threshold, it will confirm that the demand side has regained dominance; conversely, if it remains blocked for a long time, it may further dip to the lower edge of the vacuum zone at $110,000. #曬出我的Alpha積分 #Gate & WLFI USD1 積分計劃將上線 #ETH巨鯨增持