The market is bottoming out: analysis of the current accumulation phase and reversal signals
We are observing a classic picture of the completion of a corrective movement. After a series of local lows, the market is showing signs of stabilization, which experienced participants interpret as the formation of an accumulation zone. Trading volumes are gradually declining, and volatility is compressing — typical precursors of an imminent directional move.
Key on-chain metrics confirm this hypothesis. The flow of coins to exchanges has reached lows not seen in the last three months, indicating reduced selling pressure. At the same time, the number of addresses accumulating assets over the past 30 days has increased by 17%. This suggests that "smart money" is gradually building positions, using current prices as an attractive entry point.
From a technical perspective, we see the formation of a bullish wedge on the daily chart. A breakout above the upper boundary of this pattern, confirmed by volume, will be the first serious signal of a trend change. The resistance level that needs to be overcome to confirm the reversal is located in the area of the previous consolidation range.
My analysis: The market is in a critical phase. Although fundamental factors remain neutral, the technical picture and the behavior of large holders tip the scales in favor of an imminent recovery. However, I remain cautious until a clear confirming signal appears — false breakouts at such stages are not uncommon. Investors should prepare liquidity but not force entry until a confident breakout of key levels occurs.