#比特币链上数据分析 Analyzing the CryptoQuant report, the current Bitcoin market has entered a phase of structural adjustment. The maximum drawdown of 32% is between deep correction and bottoming out, and the profit and loss score corresponds to the historical bear market zone. If on-chain and macro indicators do not improve, the risk of continued decline is high. Recovery requires time and a shift in market sentiment. It is recommended to closely monitor whale movements and capital flows, operate cautiously, and implement proper risk management. In this market environment, it is even more important to analyze data calmly and look for potential opportunities.

BTC-1,22%
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