Crypto界网消息，glassnode latest report shows that the VDD multiple of Bitcoin (BTC) continues to stay in the low range, indicating that the market is still in the accumulation phase. The current market condition reflects limited spending by long-term holders and low distribution pressure, which is seen as a positive signal. glassnode points out that the market is digesting previous price increases in a “structurally constructive manner,” a pattern often regarded as healthy market behavior. PS: VDD multiple (Value Days Destroyed Multiple) is an important on-chain Bitcoin indicator used to measure the ratio of short-term spending velocity to the long-term average. This metric helps investors understand market behavior and potential trends.