🚨 BITCOIN: Whales are selling, but the pressure is easing 🚨
💥 The price of Bitcoin is stagnating around $89,700, down 2% over the week.
At first glance, this seems low. But beneath the surface, a more interesting signal is appearing.
🐋 Whales are pulling back:
The number of addresses holding 1,000–10,000 BTC has decreased by -72 in 30 days, the lowest since November.
Large holders are reducing their exposure, many are turning to ETH.
⚡ Yet, BTC is not breaking down.
👉 The Seller Exhaustion Constant (Glassnode) is at 0.019, a level historically associated with local bottoms.
In April, this signal preceded a rally of +33% towards $111,600.
📊 Key levels to watch
Support: $89,250 → as long as it holds, bears remain trapped.
Bounce: $91,320 → opens the way towards $94,660.
Invalidation: close < $89,250 → exposes $87,570 and $85,900.
🔥 Summary:
Whales are selling.
The pressure is easing.
The market is testing its resilience.
👉 Question: Imminent bottom or just a pause before another drop?
#BTC #ETH #CryptoMindse #BinanceSquare $BTC
