Analysts: New Bitcoin buyers' holdings rise to 3.68 million coins, approaching levels seen in the late stages of the 2022 bear market.

According to Huoxun Finance, crypto analysts point out that the number of new Bitcoin buyers has been steadily increasing recently, rising from a low of 3.38 million to 3.68 million. While still more than 1 million coins short of the peak of the bull market, this reflects a gradual recovery in investor risk appetite as the macroeconomic environment improves. Compared to the previous cycle, the current scale of new buyers is close to the level of mid-August 2022, which was also in the latter half of a bear market. At that time, BTC rebounded from a low of $19,000 to $24,000, an increase of about 26%; this time, it has rebounded from $62,000 to $79,000, an increase of about 27%, showing a similar trend. The difference is that holding the same amount of BTC now requires 3 to 4 times the capital required then, but this has not deterred a large number of new buyers with strong financial resources from entering the market.