Bitcoin has slipped below the $100,000 mark, now trading around $97,000 for the first time since May, as selling pressure intensifies across the market. Bulls are struggling to defend critical support, and sentiment has turned decidedly fearful, with traders scaling back leverage and rotating into stablecoins amid heightened volatility. Despite this weakness, on-chain data suggests that large buyers may already be positioning for a potential rebound.Aggressive Buyers Step In As Bid Walls Signal Dip Accumulation
According to CryptoQuant analyst Maartunn, recent order book data reveals a strong layer of support forming on Binance Futures, where two major bid clusters have emerged — one around 800 BTC and another stacking up to 2,000 $BTC BTC. This concentration of buy orders suggests that large traders, often referred to as aggressive dip buyers, are actively accumulating Bitcoin at current levels around $97,000.
