according to CryptoQuant data, the Bitcoin market is currently experiencing a severe depletion of new capital inflows. The amount held by short-term holders has decreased from 5.3 million Bitcoins on May 27 to the current 4.5 million Bitcoins, a reduction of about 800,000 coins. At the same time, the Bitcoin demand momentum indicator has dropped to a historical low level of -2 million coins, indicating a significant decrease in market interest from new investors. This data, compared to the current high price of around $100,000, reflects that the market may face short-term adjustment pressure.
