#MarketRebound

Santiment Identifies Best Periods to Buy, Hold, and Sell Bitcoin as Prices Drop to $94K. The leading crypto asset has dropped 13% from its all-time high of $108,300, now trading around $94,000. Notably, the collapse has triggered a similar downturn for the broader market. Santiment identified two key groups that drive market movements. These groups are whales and sharks, and retail traders. Investors looking to invest in Bitcoin should consider the behaviors of these tiers of holders. Whales and sharks are wallets holding 10 or more BTC, constituting the most influential stakeholders. These entities tend to accumulate during bearish phases and sell when markets overheat. Meanwhile, retail traders are the majority of smaller traders, who often follow emotional and herd-like behavior, buying high and selling low. The data suggests that the best opportunities for profit arise when traders act contrary to the crowd. Santiment noted that it is best to hold during periods of accumulation by whales. On the other hand, they suggested that investors could consider selling when speculative enthusiasm reaches irrational levels, such as during meme- coin frenzies