Based on data from the past week, long-term holders have shifted from distribution to accumulation. Of course, this is just one week's data, and whether this trend will reverse is still uncertain. However, if historical data remains valid, the increase in long-term holders may correspond to a decline in BTC prices.
As mentioned earlier, the sentiment among investors has fundamentally changed, so the accuracy of the data needs to be observed further.
However, this data has never been wrong in history; we still need to observe for a while to determine if the data is still accurate or if investors have truly broken through the data structure.