After thinking this I think what's happening is that blue valve may be leaking slightly. Every drop of water that comes out slowly starts to go down the valve stem, but never makes it down before it freezes as the metal is conducting the cold. Over time it just created an ice dam and then accumulated too much water at the end.
This run has a small ball valve as a shut off too, so think I will need to turn it off at that valve too.
I wonder if they make air compressor quick connect fittings that go on standard pumbing fittings. I could also blow air into the lines to ensure there's not a single drop of water left.
Speaking of bad situations though I saw two plumbing company trucks at my neighbor's house. I have a feeling one of his pipes actually burst.