An intriguing on-chain indicator suggests the current Bitcoin bear market might be approaching its conclusion. This indicator, identified by CryptoQuant analyst Darkfost, historically precedes major recovery phases and, presently, brings optimism to many market participants. On-chain data indicates a potential transition phase, despite existing selling pressures. The analyst observed that Bitcoin managed to stay above key support levels, keeping hopes alive for an end to the bearish phase. A notable pattern arises when short-term holders (STH) maintain a lower cost basis than long-term holders (LTH) for at least three days.