#数字资产市场动态 The breakout signal for 2026 is hidden in on-chain data

The on-chain transfer data from the past week is quite interesting—BTC transfers over 100,000 USDT surged by 47%, while miner holdings dropped to a four-year low, and exchange BTC reserves are down to just 2.3 million coins. This isn't retail investors making random moves; it's clear to anyone with eyes that big funds are quietly positioning.

The risk-on sentiment after the US election has indeed been amplified, and the market's reaction confirms the conclusions from on-chain monitoring. Previously, it was predicted that 95,000 would be broken, and it actually happened two days earlier. More importantly, every pullback has been caught by whale addresses, indicating that the main players have no intention of selling. The open interest in derivatives markets is actually shrinking, as institutions continue to add to their positions in secret.

The next key resistance zone is between 98,000 and 100,000. Once it stabilizes above that, the probability of reaching 120,000 in the first half of the year isn't low. Some may ask, where's the risk? The on-chain distribution chart provides the answer: 85% of the holdings have a cost basis below 90,000, meaning the previous selling pressure has already been absorbed.

The trading strategy is clear. Build positions in batches between 93,000 and 95,000, and set stop-losses below 90,000. The altcoin season hasn't truly ignited yet. Once BTC dominance peaks, it's time to consider shifting focus to ETH and AI sectors.

Ample liquidity + the election narrative-driven momentum—this combination hasn't been fully unleashed yet. The "policy bottom followed by market bottom" prediction from the end of last year is now being validated. You don't need to guess the top in a bull market, but you must sense which way the wind is blowing. Hold your chips firmly and don't get shaken out by short-term volatility.