[Analysis: "BlackRock is Accumulating, Retailers are Cutting Losses...Signal of a BTC Trend Reversal"] Analysis suggests that BlackRock's BTC buying trend, coupled with a decline in long-term holders' selling, is easing downward pressure on BTC. Cointelegraph analyzed, "BlackRock has accumulated a total of 9,619 BTC (worth $878 million) over the past three days and currently holds 784,000 BTC. Meanwhile, during the same period, Binance's BTC CDD (Coin Days Destroyed) fell to its lowest level since 2017. This means that deposits of long-dormant BTC have plummeted. Furthermore, looking at the SOPR (an on-chain metric that measures whether holders are selling assets after making a profit or a loss), new investors are cutting losses, while long-term holders are holding profits and are inactive. The NUPL (unrealized net profit/loss) is hovering around 0.3, which is usually where the market has recovered. Overall, BTC can be seen as currently in a gradual trend reversal phase rather than a clear bullish trend." -Coinness