If we look at the behavior of the Long-Term Holders category, current spending levels are close to their historical lows — a pattern that often aligns with classic accumulation phases.

📉 In 3 out of 4 previous cases, this weakness in LTH spending coincided with a strong upward surge in Bitcoin ranging between 18% and 25% over the following 6–8 weeks.

🟢 This bullish scenario is reinforced by the weakness of the LTH Binary indicator, along with positive momentum in CDD (Coin Days Destroyed) and the MVRV Z-Score indicator, supporting the likelihood of continued upward momentum in the market.