I just noticed an interesting movement in the Bitcoin market this week. After yesterday's fluctuations, the BTC price is now around $77.14K with an unclear trend. But looking at on-chain data, there is a quite important signal—Long-Term Holder (LTH) Supply activity is increasing significantly.

So here’s the thing, when long-term holders start actively moving their coins, it usually indicates a major redistribution. According to the analysis I follow, this phase often occurs before a bigger price move—but it can go up or down depending on the momentum. The previous weekly market example shows BTC dropping from $95K to $60K while LTH activity remains high, meaning selling pressure is still present.

Analysts say that although the $60K-$62K zone looks like support, it’s actually more of a liquidity generation area—where traders usually place their orders. This means that level could just be a transition zone, not a strong foundation.

For now, what to watch is whether this LTH activity ends with upward momentum or continues downward. This weekly market example could be a good indicator for the next move.