#比特币长期价值趋势 Saylor is signaling again. Based on past patterns, MicroStrategy typically discloses additional holdings on the day after announcing Tracker information, and the phrase "returning to the orange dot" this time is worth noting.

From on-chain data, the current institutional holdings trend in the BTC ecosystem remains an important signal influencing long-term prices. Saylor's team with over 671K BTC reserves has enough market influence, and their consistent pace of accumulation—whether on a weekly or monthly basis—reflects a sustained recognition of Bitcoin's long-term value.

Although there was no accumulation in the past week, they simultaneously increased their reserves by $7.48 billion, indicating that capital remains actively allocated to the asset. From a capital flow perspective, actions by such large institutions often precede market sentiment changes by 3-7 days.

Combining the current macro environment and the distribution of whale holdings on-chain, it can be observed that the institutional level is strengthening its defense of the mid-term support levels for BTC, which usually signals the preparatory phase for the next upward cycle. While not every piece of information should be over-interpreted, continuously tracking the accumulation pace of these high-net-worth institutions can indeed help assess the confirmation of market bottoms.