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Bitcoin Accumulation Trend Score Stays Below 0.5 Amid Price Recovery, What Does This Mean?

  • Bitcoin's Accumulation Trend Score remains below 0.5, indicating weak accumulation during recent price recovery.
  • Glassnode's data shows the metric has been below 0.5 for over 58 consecutive days, signaling a prolonged net distribution period.
  • Short-term BTC holders are in a precarious position as the price fluctuates, with fragile profitability close to breakeven.
  • Bitcoin's short-term holder SOPR has rebounded, suggesting renewed demand absorption and improved sentiment.

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