After a significant price drop last week, Bitcoin has stabilized around the $110,000 mark. Holders with smaller Bitcoin holdings are actively accumulating during this dip, while larger investors have slowed down their selling. Glassnode data reveals a positive trend of small and medium-sized holders increasing their positions despite market fluctuations. This accumulation is seen as a sign of growing confidence in the crypto space. 2020’s Covid crash provides historical parallels to the current market behavior: sharp selloffs followed by consolidation and renewed buying activity. The recent decline has been linked to concerns surrounding new tariffs implemented by Trump’s administration, causing short-term volatility but offering smaller investors an opportunity to buy more Bitcoin. While market sentiment remains cautious, this pattern appears similar to earlier stages in Bitcoin’s recovery cycles as reflected in increased on-chain accumulation from a variety of small and medium-sized investors. This positive trend suggests a stabilizing force in the market and supports Bitcoin’s long-term potential.