📊 $BTC Whales have been aggressively buying, attention is needed on data dynamics in the coming days! According to the BTC 4h data dashboard:
- Concentration of holdings is once again attacking high point areas.
Bullish holdings are rapidly increasing, having returned to the previous market high level; short-term observation is needed to see if it enters an overheating phase.
- Market sentiment has turned strong in the short term.
Sentiment has shifted from neutral to optimistic, indicating that traders are chasing prices, increasing the risk of a long-short reversal.
- Whales have significantly opened positions for two consecutive days.
Whale alerts continuously show a large number of OI increase signals, synchronized with price increases, indicating that whale capital is clearly lifting the market.
- Squeeze momentum has reached a recent high.
Bullish momentum has risen for nine consecutive green bars, breaking through a one-month high; if continued, it could lead to a trend.
- Liquidation map shows the bears are not defeated.
Even though a large number of short positions were liquidated today, the liquidation map indicates that the upper clearing zone is concentrated at $111K~114K; if the upward trend continues, watch for a potential chain liquidation event.
💡 Overall, most data are approaching high levels simultaneously; if the data can slightly adjust in the coming days, the bullish trend structure will be healthy. It is recommended to pay attention to risk control and be cautious in chasing highs and cutting lows.
Data source: blave.org
