What's up, my friend! Did you see today's drop? After that crazy rise that left us all dreaming of the moon, the market suddenly hit the brakes. Bitcoin, which was flirting with $120k, suddenly dropped by 4%. And don't even get me started on Ethereum and Solana, which lost those key supports again. But, as they say, what goes up must come down. This isn't new for us, right?
The truth of the matter is that when prices skyrocket, those with the heaviest wallets (yes, the whales 🐋) take the opportunity to cash out. It's the law of the jungle. And this time, it wasn't just the usual investors; it's rumored that even Bitcoin miners joined in on the selling to recoup their investment. Just imagine, with prices so high, it was the perfect opportunity for those big players to lighten their pockets.
But pay attention, things got more intense when the wallets from the Satoshi era started making moves. One moved 10,000 BTC and another 7,000. We're talking millions of dollars! The fact that those funds moved to exchanges like Binance and Bybit set off alarms of a possible 'dump', although those in the know say there's no need to panic, that it's a "healthy" correction.
It doesn't stop there, because now it's time to keep our eyes wide open. The market movement will depend on what happens with inflation in the United States. If those numbers cool down, we could see a rebound that sends us back to the top. That's why we need to keep an eye on the Federal Reserve's decision. This is just the beginning.
Do you think the drop will continue or are we about to see another takeoff? 🚀 Comment, my people.$BTC $ETH
