[Analyst: Bitcoin supply held for over 1 year increases by 217,000 monthly, long-term holders continue accumulating] CryptoQuant analyst Darkfost stated that since last December, the supply of Bitcoin held for over one year has been steadily increasing, with the recent monthly average reaching +217,000 BTC. This indicates that many holders who bought at higher price levels are still persisting in holding. However, he pointed out that while this builds a solid foundation for the market, it also reflects weak current demand—during strong bullish rallies, the supply held for over one year has always been negative, as short-term holders flood in during bull markets while long-term holders take profits. The analyst believes that Bitcoin is laying the necessary groundwork for a healthy bullish recovery, but this will take time. Rebuilding genuine demand is a long-term process, requiring patience for now, though the overall trend remains positive.