How To Spot Accumulation and Distribution in Cryptocurrencies

There's a lot of discussion online about the mechanisms behind market cycles in cryptocurrencies, but the topic itself remains unclear; at the crux of it, however, is accumulation and distribution. Accumulation is a process that is defined as either incremental or volatile buying of an asset to increase position size and thus control of supply. The reverse is true for distribution, where a market participant sells an asset either incrementally or in bulk in order to reduce position size.