Are institutions secretly accumulating shares a trap or a takeoff signal?
Recently, $BTC appears to have balanced buying and selling on the surface, but in reality, institutions are quietly going on a buying spree at the critical support level of 113,000, with three large orders directly dropping 60 million dollars!
Although bearish signals such as EMA moving average pressure and top distribution patterns are frequent on the technical front, the J value has dropped to the oversold zone, and retail sentiment is close to freezing point, which instead lays the groundwork for a short-term rebound.
Despite expectations of a rate cut in September, the market has momentum for a counterattack; however, some large orders may just be testing market depth;
If it can rise to 114,000, a rebound is possible, but if it breaks 112,000, it's time to run.
It is unusual for institutions to accumulate shares at key points, and retail investors should try to avoid being harvested by volatility. Pay attention to the main stream and join a quality core family~ to help you understand the intentions of the main players and seize big opportunities.
