Objectively speaking, I’ve always paid close attention to institutional moves. After all, their positions are large, so their direction is usually a more meaningful indicator.
I just saw this: “Analyst Murphy: New BTC buyers accumulated 400,000 coins over the past two months; momentum buyers have reappeared for the first time in eight months.”
It looks like long-term investors are still allocating funds, which gives me a little more confidence.
$BTC What do you all think?

#BTC