Looking at Bitcoin's movements from last April to the present, it appears that the market direction has shifted upward.
Since April, the selling pressure from U.S. whales and institutions has gradually decreased (red arrow), and currently, their buying pressure is being maintained (yellow box).
Bitcoin is currently in a consolidation phase where short-term overheating is being resolved, and while the possibility of a correction remains, the broader market direction continues to be upward, so I will maintain my perspective and look forward to the second half of 2025.
Written by Crypto Dan
