The whale enters a smart trade on Bitcoin and Ethereum & Solana – Should you be optimistic or declining?
Recently, the Bitcoin price has cleared the decisive resistance at $ 100,000, making it the fifth largest asset, bypassing the market value of Amazon. Since then, the entire market has turned into a rise. Bitcoin rose above $ 103,000, while Ethereum managed to rise to nearly $ 2,400. On the other hand, the mines have increased with a huge margin, as it attracted the Baby price more than 40 % in 24 hours. However, after undergoing a significant height, the markets are combined within a narrow range, but around the gains.
Meanwhile, whale activity raised some concerns about the upcoming price procedures.
Pisces activity plays a major role because it deeply affects the feelings of the market participants. The rise in the accumulation of whales usually increases the bullish feelings, but the decrease in their holdings raises concerns. Meanwhile, the last whale movement raised these doubts about the next price of Bitcoin, Solana and Ethereum. According to the data from Lokonchain, the whale has made clear $ 13 million to the liquid increased to shorten this three highest encryption with the 5X financial crane.
According to some analysts, this is a case of despair, which has been hidden as condemnation. A short 5x lever through these symbols after the outbreak of the macro and the reversal ignition does not prove their intelligence. This does not seem to hedge but a bet against momentum, liquidity, belief and stalking simultaneously. This type of trade works in the broken market structurally or when the novels collapse.
Nowadays, the feelings of the market have passed with the retail sale, as institutional flows return. One of the possibility can be that it can bet on long -term declining work, and perhaps the next bear market. However, the burning of the bear market is somewhat compressed, with ETF flows, sovereign dependence, and re -inserted retail, delaying the course of the landing.
Although the upscale capabilities are higher, retail participants are required to remain vigilant during the next price, as the rise in volatility may attract more whale activity.
