🚨 BREAKING: Bitcoin Enters the Quiet Before the Storm — Market Tension at $86.5K Is Reaching a Boiling Point 🚨
Bitcoin just slipped into one of those eerie calm zones that experienced traders recognize instantly — the kind that shows up right before something snaps. The charts haven’t gone cold; they’re coiling. Liquidity is thinning out. And for the first time in months, the biggest buyers in the game are sitting perfectly still.
One of the loudest signals? Dolphins — the 100–1,000 BTC wallets — have basically slammed the brakes. CryptoQuant’s Julio Moreno shows they added a monstrous 965,000 BTC year-over-year at the rally’s peak… and now that pace has chilled to 694,000 BTC.
That group includes ETFs, public companies, and the most disciplined institutional money. When they pump the brakes, the entire market feels it — and right now, that’s exactly what’s happening.
Meanwhile, corporate giants like MicroStrategy, Metaplanet, and XXI are getting hammered on paper. Their combined market caps collapsed from $152B in July to $73.5B today. But here’s the twist:
they aren’t selling a thing. Not a satoshi.
They’re taking the hit and holding the line — which is unusual behavior unless they’re convinced this move is temporary.
And the old-school whales? The ones who bought around $30K and tend to unload only when they smell danger?
They’re stepping away from the sell button too. The 90-day average of spent UTXOs from coins older than 5 years has dropped from ~2,350 BTC to ~1,000 BTC. When the long-dormant supply stops moving, the market usually isn’t in panic mode — it’s waiting.
Now Bitcoin is crouched right below the $89,800 support and staring directly at $86,500 — a line Alphractal’s Joao Wedson calls “the threshold.” Lose it, and we may see $80,500, a deeper local low. Hold it, and this entire pullback could become the cleanest reset the market has offered in months.
Whatever happens next won’t be quiet.
This chart is tightening like a drumskin.
Volatility is waking up.