The Bitcoin market is undergoing an unprecedented transformation. According to the latest on-chain data analysis, various holdings groups are synchronously shifting towards selling, a rare phenomenon that has raised deep concerns in the market about future trends.

As an on-chain data analysis expert, I noticed that the latest disclosure from glassnode regarding the "all-scale holders consistently sell" phenomenon is highly valuable for research. This is not just a simple profit-taking; it more deeply reflects the complex interaction between market sentiment and the macroeconomic environment.

It is particularly noteworthy that the group of "strong holders" with 10-100 BTC in Holdings, traditionally seen as such, has surprisingly become the main force behind the dumping. This phenomenon suggests that the confidence of medium to long-term investors may be wavering, bringing uncertainty to the market.

Throughout history, similar comprehensive dumping situations occurred in November 2021 and February 2018, both of which triggered market depth corrections of over 50%. Currently, the inflow rate of Bitcoin ETF funds in the United States has slowed down, and expectations for interest rate hikes have resurfaced, further exacerbating market selling pressure.

However, from another perspective, such extreme consistency in dumping often signals that the market may be nearing a bottom and could soon rebound. Investors need to remain calm at this time, closely monitor market trends, and prepare for a potential reversal.

The current market situation is complex and volatile, and investors need to rely more on professional on-chain data analysis to grasp the pulse of the market. By deeply interpreting on-chain data, we can not only anticipate the direction of major funds but also discover potential investment opportunities amid panic sentiment.

In the face of this wave of dumping, investors should remain rational, carefully assess risks, and closely monitor market signals to be prepared for potential reversal opportunities. In this challenging and opportunity-filled cryptocurrency market, only by mastering first-hand data and professional analysis can one remain undefeated in future market competition.