#比特币链上数据分析 Just saw that the Bitcoin market is getting lively again! CryptoQuant says we are currently in a "structural adjustment," which sounds pretty scary. A 32% retracement, this drop was quite fierce. But thinking about the last cycle where this situation lasted a year, it seems short-term rebounds are unlikely. On-chain data is also not optimistic; profit and loss scores have fallen into the bear market range. I think in the next few months, we might still see sideways movement or a slow decline. Everyone, don't rush, be patient and wait. It takes time for market sentiment to change.