The recent market rhythm is quite intriguing — Bitcoin (BTC) and Ethereum (ETH) are overall in a downward trend with minor fluctuations, slightly rebounding during the day and continuing to dip at night, showing a state of 'slowly testing support'.
Overall, the market has not fully met the expectations of the main players, but some important signals are brewing, and the movements of large funds are worth our close attention.
BTC & ETH: Whale operations exposed 🐳
In the recent weeks of pullback, a whale holding 14,837 BTC (worth about $1.69 billion) finally sold part of their Bitcoin — about 670 BTC ($76 million). Interestingly, this whale has not completely exited, but instead used the sold BTC to open a large long position in Ethereum, buying about 68,130 ETH (around $295 million), most of the operations using 10x leverage.
This action clearly indicates that whales are bullish on ETH's future market, while at the same time, three other whales in the market are panicking and selling ETH, totaling over 34,000 ETH. This 'whale switching' behavior often signals that short-term market fluctuations are about to occur — smart money is quietly laying out positions while retail investors are still observing.
ETH Staking & On-chain Trends ⛓️
Regarding ETH, the bearish sentiment around staking is weakening: the number of unstaking queues has decreased from 900,000 to 870,000, while the number waiting to stake has risen to 200,000. This indicates that the turnover between new and old operators is nearing completion; once staking and unstaking reach a balance, ETH is likely to welcome a new wave of market movement.
In addition, the leading DEX UNI also welcomes good news — after the 'fee switch' is passed, staking UNI will directly share the protocol's transaction fees, transforming tokens from mere voting rights into interest-bearing assets, completely changing the value accumulation model.
In the oracle track, LINK is being aggressively accumulated by whales, with over 900,000 LINK withdrawn from exchanges in three days. At the same time, it is collaborating with the Intercontinental Exchange (ICE) to move traditional financial data onto the blockchain, lowering the entry barriers for institutions. After the reserve mechanism was activated, LINK also established a deflationary model, injecting long-term value support into the market.
The opportunity for altcoins to turn around is back 🌱
With ETH rebounding, signals for bottom-fishing altcoins are appearing:
Key targets: ETH, LINK, AAVE, UNI, ENA, SOL
Once ETH stabilizes, market attention may shift to SOL and other rebound candidates.
Altcoin season may return; the gains may not be as exaggerated as a hundredfold, but the chances for small positions to participate are significant 💸.
Some popular projects are worth paying attention to:
OKB: Recently, Xiao Yun bought in at $130, rising to $190. Although the multiple is not large, there are still opportunities for doubling for small to medium funds. You can add to your position with a light load during pullbacks.
ATA: A round of explosive growth is brewing every six months, with clear signs of accumulation from the operators. You can pay attention to the potential breakout from $0.07 to $0.15.
GT: The popularity of platform tokens is rising, with continuous destruction reducing circulation, leading to appreciation of holders' assets, which can be seen as a 'long-term pass'.
DOGSHIT: A dividend distribution on the OK chain, where holding over 5.25 million allows participation in dividends every 10 minutes, suitable for small-scale participation.
ONDO's institutional-grade layout 🏦
The project ONDO, which brings traditional financial assets on-chain, is also worth noting as it moves government bonds, bonds, etc. onto the blockchain, attracting institutional funds. The team comes from BlackRock and Goldman Sachs, with high professionalism and compliance. The governance rights of ONDO's tokens, along with future ecological expansion, mean that it can not only share protocol profits but also lay out an entry point for institutional investment in crypto assets in advance.
Whale Watch and capital flow 🔍
The BTC ETF has seen capital outflows for four consecutive trading days, but the main buying has not stopped: corporate consortiums and MicroStrategy are still buying continuously. The outflow of funds may just be a temporary phenomenon; once the inflow returns, the market may welcome a wave of upward movement. PEPE also showed signs of whales building positions at low levels — a small order at $21,000 could be the 'first drop of rain' before the storm; if similar operations continue in the next few days, it suggests that whales are quietly accumulating.
Summary and strategic advice ✅
BTC and ETH: Closely monitor whale operations; ETH long positions suggest future opportunities.
UNI and LINK: The interest-generating mechanism and deflation logic provide long-term value support, suitable for positioning.
Altcoins: After ETH rebounds, pay attention to opportunities for SOL, ATA, GT, etc. for a rebound, participating with a small position while waiting for altcoin season.
Institutional-grade assets: ONDO lays out traditional financial on-chain assets with great long-term potential.
Whale signals: Pay attention to large accumulations or capital flows, as short-term market trends are often influenced by whales.
The market rhythm may still be in oscillation, but large funds are quietly entering the market, and fluctuations may occur at any time. This is a cautious yet positive signal; those who seize the opportunity may very well taste the sweetness in future market movements. 💪🚀
The cryptocurrency market changes rapidly, with opportunities and risks coexisting. Learning to enter and exit strategically and protect your capital is essential for steady progress and wealth growth. ✍️ Remember to DYOR, manage risks well, and wish everyone a smooth sailing in the crypto world! 🌊
Many understand the trend, but few follow the right rhythm.
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In the current market environment, short-term operations are indeed necessary. If you keep waiting for spot prices to rise, you might feel the agony of time. I have recently been fully engaging in secondary short-term and primary 'shitcoin' operations, and the harvest has been good; those who want to keep up can privately follow me!
