The short-term market may have been affected by a giant whale miner who woke up with 80,000 coins yesterday. Coupled with the fact that the US stock market is closed these days, Bitcoin shouldn't drop too much and will likely maintain an overall adjustment in the range of 100,000 to 110,000.

I remember in the first half of 2023, there was also a giant whale with 80,000 coins waking up. At that time, it was a wallet attack, and the transfer was made for security reasons. After that, Bitcoin went on a bullish run.

Although I don't know the reason for this transfer, the probability of a direct secondary sell-off is low. The release of such bad news at this position will instead increase my expectations for the future market.