Analyst: Rising BTC long-term demand signals improving fundamentals

Demand from addresses that have been accumulating Bitcoin is rising rapidly, on-chain analyst Rei Researcher noted in a CryptoQuant post. The analyst explained that while this demand from accumulating addresses is surging, the spot price has yet to recover to its peak levels. This creates a constructive divergence, suggesting that long-term investors are aggressively absorbing the supply coming onto the market. From a market structure perspective, this movement is interpreted as a sign of improving underlying fundamentals rather than an immediate upward breakout. The reliability of a bullish price signal would increase significantly if the 30-day moving average of this demand metric continues to rise. However, an actual trend reversal depends on whether the price can break through and hold its peak range, the analyst added.