[Analyst: Bitcoin Long-Term Holder Indicators Haven't Signaled Yet; Market May Still Be in Early Stages of an Uptrend] According to DeepFlow TechFlow on October 28th, analyst Crypto Dan stated that historically, when the percentage of Bitcoin held for over 18 months across the entire network rises and then begins to decline, it often coincides with a strong upward trend. He believes the current market has entered a bullish cycle, but it's still in its early stages, and the aforementioned signals haven't yet appeared. Furthermore, the crypto market is not yet overheated, with most investors remaining on the sidelines; the real upward trend may not have started yet.