The short-term market may have been urinated on by a giant whale miner who awakened with 80,000 coins yesterday. Coupled with the stock market being closed these days, Bitcoin should not drop too much and will likely remain in the range of 100,000 to 110,000 for adjustment.
I remember there was also a giant whale awakening with 80,000 coins in the first half of 2023, at that time it was a wallet attack and transferred for security reasons, but afterwards Bitcoin went on a bullish run.
Although this time I don't know the reason for the transfer, the probability of a direct secondary sell-off is low. Releasing such negative news at this position will instead increase my expectations for the market's future.