BTC’s Big Sigh: Crypto Cycle Slows, Bulls Breathe Deep!
According to CryptoQuant analyst Dan, the percentage of Bitcoin held for over a year – measured by realized market cap – provides a reliable framework for understanding long-term market phases. In earlier phases of past cycles (cycles 1 and 2), this metric showed rapid growth as accumulation drove sharp surges, culminating in cycle peaks. 🚀 But now? It’s more like a snail on a treadmill. 🐌