Although the on-chain indicators point towards the worst-ever BTC bearish market, they also underscore the increasing resilence of hodlers.
The number of hodlers not selling ever under extreme market conditions has become higher than in previous bearish markets.
Worst BTC bearish? Not really, if you've seen how bearish the market was in 2018. That's actually worst that what's the current Bitcoin status today.
And, talking about the number of holders who keeps holding, that actually is expected as a result of the previous bear market.
People who's been in crypto space for quite a long time is not only holding, they're apparently accumulating more and the number of people who's doing this is increasing as well. I am pretty sure of it without having any sources to back it up.