Analysis: The chip structure of Bitcoin has shown a fault zone again, and a strong trending market may emerge.

BlockBeats reported that on July 13, on-chain data analyst Murphy posted on social media indicating that the Bitcoin chip structure has once again shown a gap zone, with the URPD (UTXO Realized Price Distribution) gap zone currently between $111,000 and $115,000. Instances of chip structure disconnection have been rare historically, and they often lead to extremely strong trend markets. For example: On December 24, 2020 — when BTC rapidly surged to $24,000, a gap zone appeared between $19,000 and $22,000, after which BTC reached a peak of $64,000; On November 14, 2024 — when BTC rapidly surged to $87,000, a gap zone appeared between $73,000 and $85,000, after which BTC reached a peak of $106,000; Traders should not simply assume that this 'gap phenomenon' will necessarily be followed by a strong trend market, but it cannot be ignored that market sentiment can have inertia, and once ignited, it will not stop abruptly. The biggest difference between this 'sentiment inertia' and historical scenarios is that alts have not experienced a widespread rise, with only BTC leading the surge, which adds more uncertainty to the maintenance of sentiment in the future. Furthermore, historically all gaps in the URPD will eventually be filled, it’s just a matter of time. This sharing is only for learning and communication purposes and is not to be considered as investment advice.