Bitcoin has managed to break through key resistance levels while maintaining remarkably low selling pressure throughout the move. What's particularly interesting is that VDD—a crucial metric for measuring holder distribution—has stayed subdued even as prices climbed higher. This tells us something important: major holders aren't offloading their positions. Instead, supply is being steadily absorbed by the market.

Historically, whenever we've seen this exact on-chain setup—low distribution pressure combined with sustained buying absorption—it typically signals the start of a genuine expansion phase. There's no panic here, no structural dumping, just accumulated strength building beneath the surface.