Bitcoin Price has started to enter a stabilization process.

Bitcoin (BTC) price, while moving in a narrow range near the lowest levels of the current bull cycle, may have entered a significant base-building phase. According to data from on-chain analytics firm Glassnode, Bitcoin's short-term investors' **Realized Value to Transaction (RVT)** ratio experienced a notable decline. This metric indicates that the profits investors realized remained low relative to the overall transaction volume. Historical data proves that such declines typically signal a detox process for the market, paving the way for stronger uptrends later on. According to experts, the decline in the **RVT** ratio indicates that short-term pressures in the market are easing, and a sustainable recovery for Bitcoin's price is underway. Furthermore, investors' reluctance to take profits during this period suggests that the price is moving towards a more balanced structure. The **RVT** ratio is calculated by dividing the realized value by the daily transaction volume, playing a significant role in measuring capital efficiency within the Bitcoin network. The **RVT** ratio approaching bottom levels reveals that the market is cleared of excessive profit-taking pressure. This situation historically supports the frequent occurrence of accumulation phases followed by uptrends. Analysts emphasize that this sharp **RVT** movement is consistent with investors' long-term perspectives, suggesting that while short-term fluctuations may occur, a more solid foundation for the price is being established. Consequently, investors who will be monitoring Bitcoin's price movements during this period should be cautious and follow market conditions.