Bitcoin Heat Macro Phase Signals Accumulation Before Next Growth Wave

Bitcoin continues to trade around the $110,000 level, unable to reclaim higher ground after weeks of volatile price ￰0￱ market is still digesting the impact of the October 10 flash crash, which erased billions in open interest and sent shockwaves across ￰1￱ a gradual recovery in on-chain metrics and institutional inflows, sentiment remains fragile, with traders hesitant to take new long ￰2￱ Reading: Bitcoin STH-SOPR Falls Below 1.0 for the First Time Since April – What This Means According to top analyst Axel Adler, the Bitcoin Heat Macro Phase — a key indicator used to measure speculative pressure and market overheating — has now entered the Bottom or Accumulation ￰3￱ signals a cooling-off period in speculation, suggesting that short-term trading activity is fading while long-term accumulation quietly resumes.

However, Adler warns that this phase requires stability to play out ￰4￱ Bitcoin to initiate a sustainable rally, volatility must continue to decrease, and no major macro shocks — such as a surge in gold or US bond demand — should disrupt the current ￰5￱ coming weeks may define whether BTC consolidates or slips into renewed risk-off ￰6￱ Accumulation Signals Strength, But Stability Is Key Axel Adler explains that when the Bitcoin Heat Macro Phase drops into the Bottom or Accumulation zone, it often represents a pivotal moment within a broader bull market. Historically, such readings coincide with periods where speculative pressure fades, leverage resets, and market participants begin quietly accumulating positions ahead of the next growth ￰7￱ zones tend to appear after major corrections, when weak hands exit and the market regains structural balance — a necessary condition for sustained ￰8￱ phase reflects a shift from emotional trading to strategic ￰9￱ these stages, on-chain activity typically shows increased wallet balances among long-term holders, while short-term traders reduce exposure.

However, for this accumulation to translate into a meaningful rally, one critical condition must be met: volatility must ￰10￱ volatility implies uncertainty and risk aversion, discouraging new capital inflows. A gradual cooling of volatility creates the stability needed for market confidence to ￰11￱ analyst emphasizes that Bitcoin’s current setup requires at least a short stretch — roughly a week — without major negative global ￰12￱ shocks such as surging bond yields, geopolitical tension, or renewed macro risk-off sentiment could easily disrupt the fragile recovery ￰13￱ essence, the market appears to be in a delicate balance: the speculative cycle has cooled enough to allow accumulation, but stability remains the missing piece for momentum to ￰14￱ volatility continues to decline and macro conditions hold steady, this accumulation phase could serve as the foundation for Bitcoin’s next major rally, mirroring previous transition points seen in past bull ￰15￱ Reading: Chris Larsen Cashes Out: $764M In XRP Profits Since 2018 Price Action Details: Testing Key Level Bitcoin is currently trading near $110,936, struggling to gain momentum after several failed attempts to reclaim higher ￰16￱ 4-hour chart shows a period of consolidation following the sharp recovery from the October 10 crash, with BTC moving in a tight range between $108,000 and $112,000.

This structure reflects indecision in the market as buyers and sellers battle for short-term ￰17￱ 50 EMA (blue) is attempting to cross above the short-term range, signaling some recovery in short-term momentum. However, Bitcoin remains below both the 100 EMA (green) and the 200 EMA (red), indicating that the broader trend is still under bearish ￰18￱ $111,000–$112,000 zone is acting as immediate resistance, while $108,000 serves as critical short-term ￰19￱ Reading: Bitcoin Trapped On Binance: The Battle Between $107K and $119K Heats Up If Bitcoin manages to break above the $112,000 resistance with volume confirmation, it could trigger a push toward the $117,500 level — the key horizontal resistance aligned with previous liquidity clusters.

Conversely, rejection at this level may lead to another pullback toward $106,000 or lower, especially if volatility ￰20￱ image from ChatGPT, chart from ￰21￱