As the new week begins, Bitcoin , the largest cryptocurrency asset, experienced a slight upward move after reclaiming the $111,000 price mark once again. Within the ongoing volatility that has hindered BTC’s uptrend, several key on-chain metrics are starting to exhibit bullish developments, suggesting a potential resurgence in the market.

HODL Wave Intensifies As Bitcoin CDD Falls

Bitcoin’s price continues to struggle with volatility, but on-chain metrics are flashing signs of renewed resilience. The newfound resilience is indicated by the BTC Coin Days Destroyed (CDD) metric, a key indicator of long-term holder activity , which has declined strongly in recent market trends.

Darkfost, a market expert and author, reported the decline in Coin Days Destroyed in a recent p

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