🚨 Bitcoin Battles $116K Resistance Amid Whale Shorts & Institutional Buys ♨️
• Bitcoin trades at $115,352 (+0.18%) with a $2.29T market cap and 58.3% dominance.
• 24h Volume: $71.08B | Fear & Greed Index: 42 (Neutral) — market remains cautious near resistance.
Core Drivers
• Bearish Whales: A major whale expanded short positions to $498M, signaling expectations of a pullback.
• Institutional Buyers: Corporates bought 220 BTC & 200K ETH, showing strong long-term conviction.
• On-Chain Alerts: 95% of BTC holders in profit — historically a correction zone. Dormant wallets are reactivating, hinting at profit-taking.
• Market Recovery: BTC continues its relief rally after the $19B liquidation crash, supported by retail inflows.
Key Risks
• Whale Pressure: Nearly $500M short exposure could trigger another drop.
• Macro Sensitivity: Any hawkish Fed comment may spark risk-off sentiment.
• Profit-Taking: With most wallets in profit, watch for cascading sell-offs.
• High Leverage: Recent $19B liquidation proves volatility risk remains high.
Bitcoin’s next move hinges on the $116K breakout. Caution is essential — whales are shorting, institutions are buying, and volatility is far from over.