Analysts: BTC has entered an early stabilization phase, with long-term holders continuing to increase their positions.

CoinFeed reported on April 12th that CryptoQuant analyst Darkfost published an article on the X platform pointing out that BTC has entered an early stabilization phase. While the current trend is relatively mild, the supply of BTC held for more than a year is gradually recovering, marking an early shift in market behavior. Data shows that since mid-December last year, the 30-day change in the one-year BTC supply has remained positive, indicating that investors are more inclined to hold BTC rather than sell, and the market is transitioning from a speculative environment to a phase of long-term, committed holding. From October last year to the present, the amount of BTC held for one year or more has increased from 12 million to 12.4 million. Although the increase is moderate, it highlights an important shift in market dynamics.