Analyst: Bitcoin Has Transitioned from Distribution Phase to Accumulation Phase, Selling Pressure Drops to One-Sixth of Cycle Average

MarsBitNews · 2026-03-13T07:42:15+00:00

CryptoQuant analysts point out that the Bitcoin market has entered an accumulation phase, with selling pressure significantly reduced and the seller risk ratio signal turned off. Despite the 180-day rolling average declining to bear market levels, the current price remains in the $67,000-$72,000 range, with the market facing risks of prolonged consolidation.

MarsBitNews

2026-03-13 07:42:15

Abstract generation in progress

Mars Finance News, on March 13, CryptoQuant analyst Axel Adler Jr. stated, “The seller risk ratio last showed active selling pressure signals in December 2024 (around $107,000). Since then, this signal has remained off. Currently, the model indicates an accumulation signal, and selling pressure across the network has dropped to about one-sixth of the average level during this cycle. This indicator is still declining and has returned to levels seen during the 2022–2023 bear market—when Bitcoin prices ranged between $16,000 and $20,000. The current cycle has moved through the distribution phase and re-entered the accumulation phase, which is still ongoing. The 180-day rolling average has fallen to 1,913, a level historically associated with bear markets, but at that time, prices were only between $16,000 and $20,000, whereas current prices are between $67,000 and $72,000. The current market condition is neutral leaning towards accumulation. The main risk is that, without price catalysts, the market could enter a prolonged consolidation, during which the rolling average SRR indicator will continue to decline.”

BTC3%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes