The Bitcoin chip structure has once again shown a gap zone, with the URPD (UTXO Realized Price Distribution) gap zone currently between 111,000 and 115,000 USD. The situation of a disjointed chip structure has been extremely rare in history, and after such occurrences, there has mostly been an extremely strong trending market.

For example: On December 24, 2020 - when BTC rapidly surged to $24,000, a gap range appeared between $19,000 and $22,000, after which BTC rose to a maximum of $64,000;

November 14, 2024 - As BTC rapidly surged to $87,000, a gap appeared between $73,000 and $85,000, after which BTC peaked at $106,000; traders should not simply assume that this "gap phenomenon" will necessarily follow a strong trending market, but it should not be overlooked that market sentiment may have inertia, and once ignited, it won’t stop abruptly.

The biggest difference between this "emotional inertia" and historical scenarios is that altcoins did not experience a widespread surge, with only BTC leading the rise, adding more uncertainty to the maintenance of emotions in the later stage. Moreover, all the gaps on the URPD in history will eventually be filled; it's just a matter of time. This sharing is for learning and communication purposes only and should not be considered as investment advice.