#比特币价格目标 on-chain activity indicators continue to rise, and this signal is worth following. According to the logic of TXMC, Liveliness reflects the cumulative comparison of on-chain periodic spending versus holding behavior—when coins change hands more frequently, the indicator rises, which usually represents new capital entering the market.

The key is that under the current price pressure, activity is still rising, indicating that the bottom support from the spot demand side has not weakened, but the price has not yet fully reflected this. This kind of mismatch is often a signal of structural opportunities—on-chain data leads price performance.

From a historical cycle perspective, the increase in activity during a bull market is accompanied by high supply changing hands, indicating a continuous influx of capital. Conversely, if this round of activity can be maintained, a price breakout is just a matter of time.

It is recommended to closely monitor: changes in whale wallet movements, exchange outflow data, and the position of large contracts. The higher the alignment of on-chain signals and capital flows, the stronger the certainty of subsequent trends.