Analysis: BTC is struggling to break through the large chip accumulation zone between $93,000 and $118,000. The lower gap in holdings has been filled. This summary is generated by AI, and on-chain data analyst Murphy points out that the gap in chip structure caused by the rapid pump of BTC has been filled within a month, now forming a large chip accumulation zone of $93,000 to $118,000, with a total of 5.59 million BTC. Analysis shows that without significant events, the BTC price is unlikely to break through this range. BlockBeats reported that on August 28, on-chain data analyst Murphy released a market chip structure analysis. A month ago, due to the rapid pump of BTC, there was almost no turnover in the price range of $112,000 to $114,000, leading to a gap in the chip structure (URPD). According to usual experience, all "gaps" on URPD will be filled. As of August 27, one month later, the gap between $112,000 and $114,000 has been completely filled, linking the original high and low chip accumulation areas to form an ultra-large chip accumulation zone spanning from $93,000 to $118,000. In this range, 5.59 million BTC have accumulated, meaning that since November 20, 2024, in just 9 months, over 5 million BTC have been purchased within this price range, accounting for 28% of the total circulation. If we exclude lost coins and long-term "Lock-up Position" chips such as those held by Satoshi Nakamoto, this proportion would be even higher. Without unexpected "black swan" events, BTC price will find it difficult to break through this range. For example, BTC is currently supported at the STH-RP position of $108,000, with a support level of 42 BTC at $104,000 below it. Currently, there are no significant gaps on the URPD, with a relatively shallow gap only between $72,000 and $80,000. Sharing is for learning and communication purposes only and should not be considered investment advice.

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