#creatorpad
While individual traders may feel uneasy about the volatility, whales are taking advantage of these dips as an opportunity to accumulate.
The data confirms your analysis:
* The recent liquidation was indeed significant, and Bitcoin reaching its all-time high of over $124,000 before the swift pullback is an important event.
* The fact that spot Bitcoin exchange-traded funds in the United States, including the BlackRock fund, continued to record net cash inflows during the sell-off is a strong signal of institutional conviction.
This suggests that it is not a flight from the asset, but a strategic repositioning or an opportunity for new capital to enter.
My technical observation regarding the potential "lower low" and the range between $116,000 and $123,000 is quite valid. This kind of consolidation after reaching a historical high can be a healthy sign for the market, as it seeks to establish new support levels before the next surge.
Ultimately, the market is a psychological game, and as I mentioned, it seems that smart money is accumulating.
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