Here is the analysis of #HOT:

The price is on the verge of breakout. If price able to break above the upper trendline then we see a good upward move. If price rejects from here then we see a retest of the support line. This is no trade zone.

In previous bullish market phases and significant downturns, the market typically witnesses the deployment of approximately 250,000 to 500,000 #BTC worth of value.

In extended #bear markets, a comparable volume of #BTC is accumulated and held for a significant period until it transitions out of the #Hot Supply category, indicating that it has been acquired and held by long-term #HODLers.