Has BTC peaked? What will happen next?
Market analysis on May 24: Due to Trump's announcement yesterday regarding tariffs on Europe, BTC plummeted. Currently, it is in a Bollinger Bands 8-hour level correction, and it seems to have stabilized and stopped falling.
From the perspective of BTC funding, this decline was caused by retail investors selling off their spot holdings, while the main funds did not sell much. It can be confirmed that this was not a manipulation by BTC's major players, but rather caused by Trump's news. The main players have not exited, and the subsequent market still exists.
ETH funds, on the other hand, have not fluctuated much, and the main holders of ETH still have their spot holdings.