From July 14 to 16, there was strong demand for BTC, especially when the price dropped from $123,000 to $115,000 on the 14th and 15th.
This indicates that a large amount of capital is waiting to enter the market during the downturn, with revised expectations for a market correction, as funds that were waiting for below $100,000 have already acted in advance.
Retail investors are panicking due to whale sell-offs, while capital is strategically positioning itself at lower prices. $BTC