The market of #加密市场反弹 is currently witnessing an invisible battle without gunpowder. On the surface, both the bullish and bearish sides seem evenly matched, but in reality, the big players are aggressively smashing chips against each other.

In the past 12 hours, among the top five large transactions, there were two precise sell orders of $910,000 that crashed the market, while there were two consecutive buy orders of $2,210,000 before that. This stark contrast exposes the tug-of-war of the main funds—some are eager to sell, while others are frantically accumulating.

This ebb and flow of capital is like a tug-of-war competition; one side is withdrawing strength while the other side is increasing their stakes, indicating that the main funds have not yet reached a consensus.

From the technical chart perspective, the price has formed a "double top" pattern at a critical position, which also appeared before the crash in December 2024.