Market Overview
• BTC trading at $115,764 after 6% correction from $123,091 peak
• Third major profit-taking wave of 2025 with $6-8 billion realized gains
• Notable case: dormant whale sold 80,000 BTC worth $9.7 billion
• Third Profit-Taking Wave
Market Impact
• Bitcoin dominance dropped from 64% to 60% as capital rotates to altcoins
• Technical indicators mixed: 58.1 long-short ratio (bullish) vs bearish RSI/MACD
• Critical support levels at $102K and $88K
• Resilience Amidst Selling
Long-Term Outlook
• Whale wallets increased to 1,417 despite profit-taking
• Mid-sized holders control 68.44% of supply, indicating healthy distribution
• Community sentiment: 69.6% bullish posts on Binance Square
• Market Sentiment