Recent data indicates significant selling pressure from Bitcoin whales. According to BeInCrypto, entities holding between 1,000 and 10,000 BTC collectively sold 40,000 BTC in a single week, equating to roughly $4.3 billion. This substantial sell-off has raised concerns about potential market corrections. Analysts are closely monitoring key support and resistance levels. Failure to maintain the $105,800 support could lead to further declines, with the next levels at $105,622 and $102,734. Conversely, strong institutional demand could offset the selling pressure and potentially push Bitcoin above the $109,476 resistance. The activity of long-term holders alongside whales suggests a cautious sentiment in the market. The coming days will be crucial in determining whether bullish momentum can overcome this selling pressure or if a deeper correction is imminent. Watch these levels closely! ```

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