Long term holders are bidding heavily again.

Throughout this and the previous cycle, every time they have sold off heavily, then begin to buy like this again, it has either marked the bottom, or the bottom has come in not long after.
You can see in 2021 after the may sell off they bidded hard. Then at the actual top, didn't sell off.
I'm not sure why that is, maybe fomo? But who knows.
But what we do know is that each time this has happened to this degree, Bitcoin has rallied almost 100% afterwards.
Long term holders are solid indicator of market moves when they sell a lot then buy alot.