Is the main capital still present? How will the BTC market trend in the future?
Analyze whether the main capital's accumulation indicates that the BTC operators are escaping.
1. From April 7 to April 22, the main accumulation area, the net capital inflow in this range is close to 4B, and 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 are still around 3850m, indicating that the main capital's accumulation before April 23 is still ongoing, and there has been no selling. Previous posts have also emphasized multiple times that the main capital has not left, and the market is still active.
3. On May 12, contract funds reached the highest point of 6.6B, and then began to adjust, while retail investors and smaller institutions were basically taking profits.
4. In the past few days, there has been continued fluctuation. If the contract funds remain around 4B without further decrease, it indicates that those who needed to leave have already left, and the main capital continues to hold. After a 1-2 week adjustment, it will likely continue to rise. This is similar to the capital situation at the lowest point on May 6.
Conclusion: Currently, there is a high probability that the main capital is still present. After sufficient adjustment, the outlook remains bullish, and it is safe to hold onto coins. There is still a need for upward and downward fluctuations; it is best to observe for a few more days for better opportunities.