$BTC Below is the relevant analysis of Bitcoin (BTC) as of February 6, 2025:

News

• Large Holder Situation: According to Gelonghui news on February 6, "Bitcoin large holder" MicroStrategy's Bitcoin holdings in the fourth quarter amounted to 447,470 coins, higher than analysts' expectations of 425,149 coins, showing strong willingness among large holders to hold Bitcoin.

• Geopolitical Impact: Recent geopolitical risks continue to affect market sentiment, with the tensions in the US-China trade war remaining a core risk for the market, potentially triggering risk-averse sentiment and indirectly impacting Bitcoin prices.

Technical Analysis

• Candlestick Patterns: According to Yinge Financial Data, some candlestick patterns such as Three Inside Up, Harami Bullish, and Harami Cross appeared on February 6, indicating changes in market bullish and bearish forces to some extent, but the indication of a single candlestick pattern is limited and needs to be combined with other indicators for comprehensive judgment.

Market Sentiment and Capital Flow

• Cautious Market Sentiment: Analysts point out that Bitcoin is currently below the average withdrawal price of 10056 for 2025, which may trigger greater selling pressure, with over 2.6 million BTC in a state of loss. The longer the price remains below this level, the greater the likelihood of further declines, leading to cautious market sentiment.

• Hesitant Whale Behavior: The number of whales has decreased and is below recent peaks, indicating that major holders are still hesitant to invest in Bitcoin at current levels, which may affect Bitcoin's short-term price trends.

The above content is organized based on publicly available information on the internet and does not constitute investment advice.