Bitfinex report analysis, BTC or near stage bottom

Bitfinex Alpha reported that the recent strategy had been the first to sell bitcoin on a large scale, but the market had shown resilience and no apparent pressure to sell. Some 1,083,000 BTCs are currently in a state of unrealized losses and about 9.22 million BTCs remain profitable. The volume of spot transactions does not fully reflect the impact of large-scale financial outflows, market or near the bottom stage of bear market formation. With changes in ETF asset allocation, a positive financial flow and the re-emergence of long-term holders and giant whales, Bitcoin is shifting from low-conceptors to high-concept investors, and the next two to three months will be an important window to confirm the stage bottom。