According to online reports, online analysis platform CryptoQuant tweeted that it is witnessing the weakest period of Bitcoin demand this year. Compare the new supply with the supply that has been idle for more than a year to understand current demand dynamics. When the ratio is below 0, it indicates that demand has turned negative, which means that there is a decrease in the amount of bitcoins actively acquired. It can be seen that demand has been weakening since December and continues to decline over time. This suggests that amid continued political and economic uncertainty, investors are becoming more cautious and may turn to lower-risk assets.