According to Rei Researcher @Reiresearcher, Bitcoin is showing signs of "accelerated accumulation demand" on-chain. While demand for accumulator addresses surges, the price has not yet returned to previous all-time high levels, creating a positive divergence. This suggests that long-term investors may be absorbing supply above current price levels, indicating early signs of structural improvement. However, confirming a trend reversal requires sustained increases in 30-day average demand alongside price consolidation within the upper range. The current situation should be viewed not as a "bullish breakout," but as a "structural improvement phase."
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