๐ Whales Short Crypto Despite the Rally! ๐
#Bitcoin hovers near $115,352 (+0.18%) as whales push heavy short positions against bullish momentum. Despite a $2.29T market cap and strong institutional buying, sentiment remains split โ with 58.3% BTC dominance and a 42 Fear & Greed Index reading.
One whale reportedly expanded a $498M short, signaling expectations of a correction. Meanwhile, institutions continue accumulating BTC and ETH, maintaining long-term conviction.
๐ก Key Levels:
Resistance: $116K
Support: $112Kโ$113K
Profitability: 95% of BTC holders in profit โ often a pre-pullback signal
โ ๏ธ Pro Insight: High volatility ahead. Watch for sharp profit-taking moves and macro shifts before going heavy long.
