Analyst: Bitcoin Retail Demand Drops by About 2.45% in the Last 30 Days, Market Still Far from Frenzy

CryptoQuant analyst Caueconomy stated that the demand from retail investors for on-chain Bitcoin transactions not exceeding $100,000 has decreased by about 2.45% over the past 30 days, indicating that small investors have not yet reached a state of frenzy in the current market. Although these participants may use other investment tools such as ETFs and Bitcoin financial companies, the on-chain capital structure typically responds sensitively to these capital flows, and there are currently no structural market characteristics of frenzy.