#比特币市场分析 Analyzing the latest remarks from the Galaxy CEO, he believes that the current market adjustment is healthy, and long-term holders are diversifying overly concentrated positions. In the short term, this adjustment may suppress prices, but in the medium to long term, it is beneficial for market structure optimization. Notably, he predicts that a new "dovish" Fed chairman may emerge by the end of the year, which could provide new upward momentum for the market.

According to on-chain data, it has indeed been observed that some large addresses are reducing their holdings recently, but the number of new addresses is also steadily increasing. This aligns with the views of the Galaxy CEO. It is recommended to continue monitoring institutional fund flows and the growth rate of new addresses to assess changes in market sentiment. At the same time, it is important to closely watch relevant news about personnel changes at the Fed, as this could become a key factor influencing market direction.