Bitcoin's Market Structure Shows Significant Accumulation Zone

According to BlockBeats, on-chain data analyst Murphy has released an analysis of the market's chip structure. A month ago, a rapid increase in Bitcoin's price led to a lack of trading activity in the $112,000 to $114,000 range, creating a gap in the Unspent Realized Price Distribution (URPD). Typically, such gaps in URPD are eventually filled. As of August 27, the gap between $112,000 and $114,000 has been completely filled, linking previously separate high and low chip accumulation zones source: https://www.binance.com/en/square/post/28919004571474?utm_source=BinanceNewsRSS