7 月 16 日，CryptoQuant 分析师 AxelAdlerJr 发推表示，「顶部信号」（The Peak Signal）只会出现在主要市场顶部，而这次并未出现该信号，表明比特币尚未到达顶部区间。

<div><p>7 月 16 日，CryptoQuant 分析师 AxelAdlerJr 发推表示，「顶部信号」（The Peak Signal）只会出现在主要市场顶部，而这次并未出现该信号，表明比特币尚未到达顶部区间。</p></div>

CryptoQuant分析师：当前市场未出现顶部信号，比特币或仍有上行空间

On July 16, CryptoQuant analyst <AxelAdlerJr> tweeted that the "Peak Signal" only appears at major market tops, and since this signal has not occurred, it indicates that Bitcoin has not yet reached its peak range.

<div><p>On July 16, CryptoQuant analyst AXEL posted on Twitter that the "Peak Signal" only appears at major market tops, and since this signal has not occurred, it indicates that Bitcoin has not yet reached its peak range.</p></div>

CryptoQuant analyst: There is no top signal in the current market, and Bitcoin may still have room to rise

Another case of "address poisoning," causing one user to lose $50 million. Photo: Techradar
The attack caused a shock.
A cryptocurrency user lost nearly $50 million USDT after mistakenly transferring the funds to...

Another case of "address poisoning," causing one user to lose $50 million.

Today we saw gold, silver, and palladium all hit new highs! Since the correction at the end of October, gold has been trading above the 25-35 day moving average; silver is rising along the four-hour moving average; and palladium is rising along the three-day moving average.
Synchronization: This "synchronized new highs" usually signifies the start of a major trend. Gold provides "stability," silver provides "elasticity," while the addition of palladium indicates a dual surge in industrial and investment demand.
In this clear upward trend, trading volume has not weakened significantly and no bearish structure has emerged. Don't try to short the short at the top; otherwise, you'll end up with...

Market Analysis | Gold, Silver, and Palladium Hit New Highs! How High Can They Go!?

Chapter 1: Executive Summary and Industry Landscape Analysis
As of December 19, 2025, the global digital asset mining sector is undergoing the most profound structural transformation since the birth of Bitcoin. With Bitcoin's price retreating to the $86,000 range after reaching an all-time high of approximately $125,000 in October 2025, and the total network hashrate surpassing the 1,000 EH/s mark, mining companies face the dual challenges of compressed profit margins and surging capital expenditures in the "post-halving era."

1.1 Industry Differentiation

Figure 1: Analysis of the Relationship between Hashrate and Market Capitalization of Major Mining Companies in 2025

The above figure clearly shows the current...