indeed there is an agreement among the organizations, after discussing to push the price up then discussing to bring it down: the ETF fund locked in profits with nearly 700 million USD for the Tet holiday, the killlon exchange

$BTC how to create a bottom when falling out of the accumulation zone!
Currently, many people in the market are confused with their accounts burning brightly. However, don't worry too much because the process of institutional investors shedding is always very fierce to start a new cycle, and there are only 2 ways for us to leave: creating a panic mentality (accounts going negative quickly) and creating an extremely discouraged mentality (when holding a significant loss while the account is in the red for a long time).
And we are at the first stage of the process of shedding individual investors from institutions, which is creating an extremely fearful mentality in the market as the price of BTC has dropped by 15% (from 107k down to 92k) in just 2 days. The next stage of this process is to create a discouraged mentality among institutions by allowing BTC to move in the range of 96k - 97k for a similar duration as the falling cycles out of the accumulation zone at the second falling phase in stages like January 24, 2024, June 11, 2023, March 10, 2024. At these second falling phases, we may witness another fierce drop from institutions, falling into a third drop, but this case is less likely to occur if and only if the top coins are simultaneously distributed; however, at the moment, top coins like BNB and XRP are still in a tightly held accumulation zone.
Therefore, on Saturday, this Sunday, the market is highly likely to remain stable and create a tight support zone around 96-97.8k to create a discouraged mentality for the small retail investors, and that is the crucial moment for us to observe whether the money flow can come back to enter a new cycle or not!
#BTCNextMove