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Recently, Bitcoin Price cleaned the key resistance of $ 100,000, which made him the fifth of the biggest assets, surpassing Amazon’s market capitalization. Since then, the whole market has become extremely bull. Bitcoin rose above $ 103,000, while Ethereum managed to grow close to $ 2400. Memecoins, on the other hand, grew up with a huge margin, and Pepe’s price attracted over 40% of gains in 24 hours. However, after they have undergone a huge increase, the markets are consolidated within a narrow range, but about gains.
In the meantime, the whale activity has caused some concerns about the upcoming price.
Whale activity plays a major role as it deeply affects the feelings of the market participant. The increase in the accumulation of the whale usually increases bull feelings, but the fall of their share causes concern. In the meantime, this latest whaling movement has erected skepticism about the next price of Bitcoin, Solane and Ethereum. According to Lookoconchain data, Kita put out 13M USDC in Hyperliquid to make the shorts of this 3 upper cryptocurrencies with 5x influence.
According to some analysts, this is a case of desperate capital, which is disguised as belief. 5x Impact on these tokens after macro piercing and reflexive ignition does not show their intelligence. It does not seem to have protected it, but suddenly a bet against momentum, liquidity, belief and reflexiveness. This type of trade operates on structurally broken markets or when narratives collapse.
Currently, market feelings have been revealed while retailing, with institutional flows return. One of the options could be that they could bet on a long -term bear action, probably in the next bear market. However, the burning of the bear market is a little compressed, with ETF flow, by adopting a sovereign and re -entering retailing by delaying a teddy bear.
Although the capabilities of the bull are higher, participants of retail must remain awake during the upcoming price action, as the increase in volatility could attract multiple whale activities.
