Bitcoin's realized market cap has reached a new all-time high of $857 billion, indicating a robust bull market despite recent price corrections. Short-term holders have accumulated over 4 million BTC, with 1.5 million BTC purchased since September. This surge in holdings coincides with a price increase from $60,000 to $109,000. However, short-term holders have also faced losses totaling $520 million this week, primarily selling at a loss within a month of purchase. Long-term holders remain steadfast, suggesting a potential for continued market momentum. Analysts note that the current accumulation levels among short-term holders are relatively low compared to previous bull cycles, which may indicate room for further buying activity. As market conditions evolve, experts are anticipating a breakout for Bitcoin, with many citing strong momentum across other cryptocurrencies like Solana and Ether.