I just saw something interesting in Santiment's data. Small wallets, those shrimp holding less than 0.1 BTC, are buying Bitcoin like crazy. Their participation in the total supply is at the highest level since mid-last year, although the price is still hovering around $74,000 median without anything definitive.

The strange thing is that while the shrimp are entering, whales and sharks (those with 10,000 to 10,000 BTC) are doing the opposite. They have been reducing their positions since October, when the price hit a peak. It's as if two different markets are happening at the same time.

Here's the problem: Bitcoin's price needs those whales to get motivated to buy as well. The shrimp can give an initial push, but without the big players actually putting money in, any rally ends up being sold off by the same group that should be supporting it. Frustrating, but that's how this works. We'll see if they finally decide to jump in.