The whales have started to reposition their holdings, and this time the picture is positive
It’s true that some large positions have been reduced by more than 85%
but on the other hand, new money is entering the market in a big way
A whale opened a long position worth approximately $170M on
$BTC and $ETH
Average entry price: $78,758 for Bitcoin and $2, 478 for Ethereum
This means the situation isn’t a mass exodus
Some are taking profits, while others are taking advantage of the prices to ...
Critical juncture for $BTC right here.
We're sitting on a knife edge at roughly $76,300. Break below that dotted line and the fifth wave is done — we'd be looking at a much deeper correction starting, not just a shallow pullback.
But if support holds? Then the recent high was only wave 1 of the final fifth wave. That leaves waves 2, 3, 4, and 5 still ahead — meaning more upside to come.
Two clean scenarios. Price will tell us which one plays out. Stay disciplined, watch the level, and let the...