The last time BTC's chip concentration rose to 14.9%, it stopped, coinciding with the Christmas holiday, and the market was not very intense, passing relatively smoothly. However, on January 28th, BTC's chip concentration rose again to a high of 16%, entering the potential high-risk volatility zone (15%). It seems this time, it's for real... the market is in an overheated stage.
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The last time BTC's chip concentration rose to 14.9%, it stopped, coinciding with the Christmas holiday, and the market was not very intense, passing relatively smoothly. However, on January 28th, BTC's chip concentration rose again to a high of 16%, entering the potential high-risk volatility zone (15%). It seems this time, it's for real... the market is in an overheated stage.