Woofun AI data shows that Bitcoin held by long-term holders has reached approximately 14.7 million BTC, marking a new all-time high. Cory Klippsten, CEO of Swan Bitcoin, interprets this accumulation as a signal that the current market cycle may have bottomed earlier than historical precedents suggest.

Conversely, Jiang Zhuo'er, founder of Lebit Mining Pool, projects a bottom between October and December 2026, citing Strategy's mNAV indicator at 0.72. He estimates the price floor at $42,000 to $44,000.

Meanwhile, Zach Pandl from Grayscale warns that failure to pass the U.S. CLARITY Act could force Strategy to deleverage, adding downward pressure on Bitcoin prices.