Recent data indicates that long-term Bitcoin holders are in a phase of active accumulation, which may positively impact future price movements.
Active Accumulation by Long-Term Bitcoin Holders
According to analyst AltcoinGordon, long-term Bitcoin holders have entered a phase of "heavy accumulation." This behavior, illustrated by CryptoQuant’s Long-Term Holder Net Position Change chart, indicates a substantial net positive inflow of BTC into long-term wallets.
Rising Bitcoin Dominance in the Market
Meanwhile, DaanCrypto highlights that Bitcoin Dominance (BTC.D) continues its strong upward trend, making it increasingly difficult for altcoins to compete. Treasury purchases of BTC have added persistent buying pressure, while many altcoins face headwinds from token unlocks and weak momentum. Daan points out that a short squeeze on Ethereum last month failed to ignite a broader altcoin rally due to insufficient spot demand.
Conclusion on Current Market Conditions
With long-term investors accumulating Bitcoin and dominance accelerating, the market appears to be tilting decisively in BTC’s favor. Altcoins may continue to struggle unless a significant shift in sentiment or liquidity occurs.
Amidst the active accumulation of Bitcoin by long-term holders and its rising dominance, the cryptocurrency market is showing a decisive tilt towards BTC.