The exchange is about to be emptied! Whales are frantically hoarding coins, while retail investors are rushing in? Understand this signal, the bull market is not over yet!
The latest on-chain data shows that there are only 2.93 million coins left in the platform, hitting a new low for this cycle. What does this mean? It means that large funds are moving their coins out and holding them, while newcomers are still depositing into the exchange waiting to sell, completely the opposite!
Let me put it directly: the actions of the whales are the barometer. They are moving coins on-chain, clearly optimistic about the future market, not wanting to sell cheaply. Looking at Binance's balance, it has dropped significantly over the past few months, making it easier for prices to rebound. The balance is still decreasing, and I judge that this wave of rebound is not over yet.
The most common mistake retail investors make is: chasing after a small rise and panicking at a small drop. Now follow the whales' thinking, and don't easily hand over your chips. Short-term pressure is around 94185, if it stabilizes, there is hope to continue upwards. Support is at 83786, hold if it doesn't break.
If you always struggle to get the rhythm right and can't understand the movements of the big players, hit follow, I share simple and clear on-chain signals and points every day, let's avoid pitfalls together and follow the trend.
There are no gods in the crypto circle, only teachers with a good mindset. If you don't know what an effective breakout is or which coins can yield 10 times, follow Zitan and come to the village to receive! #BTC #ETH


