Bitcoin's quiet strength is building. Glassnode's latest analysis reveals the VDD Multiple remains low—a clear signal we are deep in the accumulation phase. This is where smart money moves: long-term holders are steadfast, distribution pressure is minimal, and the market is calmly absorbing gains. This isn't stagnation; it's structurally constructive consolidation. The foundation for the next major move is being laid, brick by brick. For the astute investor, this metric cuts through the noise, highlighting a period of healthy absorption before the next chapter of volatility. The patience of the accumulators will precede the frenzy of the crowd. Watch closely. #Bitcoin #Accumulation #OnChainAnalysis $BTC

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