In the past 12 hours, among the top five large transactions, there were two sell orders of $910,000 that precisely crushed the market, while there had previously been two buy orders of $2.21 million. This stark contrast reveals the tug-of-war of major funds—some are eager to offload, while others are frantically accumulating.

This ebb and flow of capital is like a tug-of-war competition, with one side withdrawing strength while the other side increases their stakes, indicating that the major funds have yet to reach a consensus.

From a technical perspective, the price has continuously formed a 'double top' pattern at a key position, a pattern that also appeared before the crash in December 2024.