Yesterday's net outflow of over 800 is the largest sell-off since more than a week ago. We can continue to keep an eye on this, especially with a lot of data being released this week, high market uncertainty, and whales not buying, which means prices could be relatively weak.
What I'm particularly concerned about is if we break below $85,000, when will the whales reappear? It might be a purchase of three to four thousand.
In simple terms, since that day on December 9th until today’s drop, retail investors have not shown much capitulation, and whales have not started to accumulate in large quantities. This makes me feel a bit like they might not have hit their expected price yet.
Next, for example, if the price touches the $80,000 range, I believe the market sentiment will definitely fall into a state of panic, and at that point, whether whales continue to buy in large quantities will be a point of great interest for me. If they do, the likelihood of quickly bouncing back to $85,000 after dropping near $80,000 will significantly increase. #BinanceABCs #加密市场观察 #RWA总规模持续增长

