"Data is showing there is light at the end of the tunnel for Bitcoin hodlers"

I believe we are now at the point of maximum opportunity for Bitcoin. There are numerous key metrics on LookIntoBitcoin that indicate we are at major cycle lows.

We are seeing the percentage of long-term holders peak (1yr HODL Wave), which typically happens in the depths of bear market as these long-term holders don't want to take profit until price moves higher.

This has the effect of restricting available supply in the market, which can cause price to increase when demand does eventually kick back in.
—— Philip Swift

We are also seeing metrics like RHODL Ratio dip into their accumulation zones, which shows the extent to which euphoria has now been drained from the market. This removal of positive sentiment is necessary for a bottom range to form for BTC.
—— Philip Swift

If we do see some type of capitulation, we would see some type of strong rally after it because, all things considered, this would have been the typical bottom for Bitcoin. You go sideways at about 70% down for months and months, and then eventually you see final capitulation. This would be your typical bear market bottom for Bitcoin."
—— he said in a YouTuber video.