Bitcoin finally breaks accumulation silence: Is this BTC’s quietest breakout yet?

Key Points

1. BTC consolidation suggests a pause rather than a pullback, indicating a potential breakout after weeks of sideways movement.

2. Wallets holding 10K to 100K BTC have resumed accumulation for the first time since March 2025 and July 2024, breaking a nearly year-long trend of sell-side pressure.

3. Dolphin wallets (100–1K BTC) have been consistently buying, while retail-sized addresses (<10 BTC) and mega-whales (>100K BTC) show different trends.

4. The Spent Output Profit Ratio (SOPR) indicates persistent profitability, but social volume remains low, suggesting muted crowd sentiment.

5. BTC consolidated near the $108K level with low volatility, RSI at 54.9 (neutral), and a weak but ongoing bullish MACD crossover, with no bearish divergence yet.