#DeepSeekImpact The relationship between the absence of panic selling and the short- or long-term outlook for Bitcoin's price is a complex topic, as it involves analysis of market sentiment, technical and macroeconomic fundamentals. Let's break down some key points to understand the scenario:
---
### **1. What is panic selling and why does its absence matter?**
- **Panic selling**: Occurs when investors quickly liquidate positions due to fear of sharp declines, often amplifying negative volatility.
- **Absence of panic**: If there are no classic signs of panic (such as extremely high selling volumes, cascading liquidations of margin trades, or catastrophic news), this may indicate that the current correction is seen as temporary or healthy by the market.
---### **2. Indicators that suggest (or not) resilience**
- **Trading volume**: If the drop below US$ 98k occurs with moderate volume, it may be a technical correction, not a structural collapse.
- **Holder behavior**: On-chain data (such as the *HODL Wave*) shows whether large holders (whales) are accumulating or distributing BTC. Accumulation suggests long-term confidence.
- **Market sentiment**: Indexes such as the **Fear & Greed Index** help assess whether the market is in "extreme fear" (usually associated with panic) or in balance.
---
### **3. Macroeconomic and institutional context**
- **External factors**: Pressures such as rising global interest rates, geopolitical or regulatory crises can impact BTC regardless of internal market sentiment. If the drop is linked to these factors, the problem may be more persistent. - **Institutional adoption**: Do companies like MicroStrategy or Bitcoin ETFs continue to accumulate? If so, this reinforces the thesis that dips are short-term buying opportunities.
---
### **4. Technical analysis: Supports and trends**
Kisses from Momo ♣
