Crypto Market Shows Signs of Recovery Amid Ongoing Bearish Trends

The crypto market has been experiencing a volatile period since the start of 2026, with Bitcoin's price fluctuating between $65,000 and $73,000. However, recent developments suggest that the market may be turning around.

One key indicator is the increase in long-term holder supply, which now controls around 80% of total Bitcoin circulation. Historically, this number approaches 85% at the bottom of a bear market, indicating that the current trend is towards recovery.

Additionally, the Ethereum/BTC ratio is showing signs of preparing for its strongest move of the cycle, and the Russell 2000 index has broken out of a key area and retested. These indicators suggest that larger price movements are expected in May.