The analysis shows that BTC popularity and flow are consolidating at the bottom of the past two weeks, and the short-term increase is too large.

According to TokenInsight data, BTC's 24h transaction volume was $23.3 billion, and the number of active addresses and transfers increased by 6.28% and 10.15% respectively from the previous day. BCtrend analyst Jeffrey believes that BTC's popularity and flow are consolidating at the bottom of the past two weeks, and the short-term increase is too large, or it will consolidate.