Is the main capital still here? How will the BTC market trend in the future?
Analyze the situation of the main capital's accumulation to determine if the BTC players are fleeing.
1. From April 7 to April 22, the main capital accumulation area, the net inflow of funds in this period was close to 4B, the actual expenditure by the main capital may be between 4-8B.
2. On May 6, by this time, most of the floating profit long positions had basically taken profits, but the net accumulated long positions were still around 3850m, indicating that the main capital's accumulation before April 23 was still ongoing and no selling occurred. Previous posts have also emphasized multiple times that the main capital hasn't left, and the market is still active.
3. On May 12, contract funds reached the highest of 6.6B and then began to pull back, with retail investors and smaller institutions basically taking profits.
4. In the past few days, the market has continued to fluctuate. If contract funds remain around 4B without further decline, it indicates that those who needed to exit have already done so, while the main capital continues to hold. After a 1-2 week adjustment, there will be another upward movement, similar to the fund situation at the lowest point on May 6.
5. Currently, bearish sentiment is too active, creating a false appearance of a market pullback.
At present, there is a high probability that the main capital is still here. After sufficient adjustments, the outlook remains bullish, and it is safe to hold coins. Further fluctuations and adjustments are still needed.