Definition ∞ Distribution phase end signifies the conclusion of a period during which market participants, typically larger holders, systematically sell off their accumulated digital assets. This phase is characterized by sideways price movement or gradual declines, as supply is absorbed by new buyers. The termination of this selling pressure often precedes a shift in market momentum. It marks a potential transition from a bearish to a more neutral or bullish market outlook.
Context ∞ Identifying the distribution phase end is a key analytical exercise for understanding market cycles in cryptocurrency news. It suggests that the majority of selling from long-term holders may be exhausted, paving the way for price stability or a new upward trend. News reports often highlight this turning point as a signal for market participants to reassess their positions.