Bitcoin Market Is in Accumulation Phase - CryptoQuant

CryptoQuant analysts said that the wave of massive Bitcoin purchases has led to an increase in the realized capitalization (Realized Cap) by $3 billion in just one day, which could signal the market's transition to an accumulation phase before another price increase.

Realized capitalization is a metric that takes into account the value of assets at the price of the last transaction of each wallet. Unlike market capitalization, it shows how much money has actually been invested in the network and is considered an important signal for analyzing the market cycle.

"The sharp jump in Realized Cap suggests that investors continue to buy Bitcoin at an ever-higher price despite consolidation. This confirms the market's confidence in the asset's prospects," CryptoQuant experts noted.

According to the analysis, increases in realized capitalization often preceded major price movements in BTC, especially if these increases occurred during a horizontal trend or correction. In the current situation, the market is consolidating around the psychological level of $100,000, accumulation is intensifying, judging by the data on transfers between wallets. Realized value has increased by $3 billion - a sign of the entry of new long-term holders.

This sets the stage for a new bullish breakout, which could begin in just a few days as selling pressure eases and liquidity is exhausted.