Analyst: Retail demand for Bitcoin has decreased by about 2.45% in the past 30 days, and the market is still far from a frenzy

ChainCatcher news, CryptoQuant analyst Caueconomy stated that the on-chain Bitcoin transaction volume from retail investors, which did not exceed $100,000 in the past 30 days, has decreased by about 2.45%, indicating that small investors have not yet reached a frenzy in the current market. Although these participants may be using other investment tools such as ETFs and Bitcoin financial companies, the on-chain capital structure typically responds sharply to these fund flows, and there are still no structural frenzy market characteristics.