‘Long-term holders are hodling’: K33 says record supply metric suggests bear market may be nearing an end

60-second summary

K33 notes a record supply metric, indicating long-term holders are holding onto their assets, suggesting the bear market may be nearing its end. Stabilizing conditions and trading activity falling back to yearly lows reflect a market where holders are reluctant to sell, a sign of increasing confidence and potential price recovery. Market sentiment is shifting.