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🐋 WHALE WATCH: The capitulation we needed ?
Looking at the 1D chart, $BTC has remained respected within this macro descending channel since October. We just witnessed a brutal rejection from the mid-line, leading to this flush toward the $35k-$40k support zone.
Historically, these vertical flushes exhaust the bears. Watch for a reclaim of the dotted median line as the first sign of a reversal. Until then, patience is a position.
Stay disciplined.