Recently, I've noticed major whale traders aggressively buying 1,320 BTC at top exchanges, spending $120 million—quite a significant move. However, what's odd is that BTC price hasn't really reacted much, and selling pressure from the opposite direction appears equally strong.
Looking at Bitcoin's price movement over the past dozen or so days this month, the issue is actually quite evident—while buyers show enthusiasm, sellers remain equally firm. This seesaw situation indicates the market still has divergent expectations about future direction. To truly break free from this 4-year bull-bear cycle and initiate a sustained uptrend?
To be honest, it doesn't seem quite ready yet. This stalemate may persist in the near term, with major capital attempting to accumulate positions while retail and smaller investors remain cautious. Whoever loses patience first will likely take losses.
Recently, I've noticed major whale traders aggressively buying 1,320 BTC at top exchanges, spending $120 million—quite a significant move. However, what's odd is that BTC price hasn't really reacted much, and selling pressure from the opposite direction appears equally strong.
Looking at Bitcoin's price movement over the past dozen or so days this month, the issue is actually quite evident—while buyers show enthusiasm, sellers remain equally firm. This seesaw situation indicates the market still has divergent expectations about future direction. To truly break free from this 4-year bull-bear cycle and initiate a sustained uptrend?
To be honest, it doesn't seem quite ready yet. This stalemate may persist in the near term, with major capital attempting to accumulate positions while retail and smaller investors remain cautious. Whoever loses patience first will likely take losses.