Whales are playing the swing between 77k and 81k again, same old tricks.

Analysis suggests that Bitcoin whales are rotating between the $77,000 and $81,000 range, with over 8,000 BTC flowing into exchanges on May 18, indicating rising short-term selling pressure. $77,800 is seen as a key resistance level, with BTC around $78,000, up about 1.4% daily. Whales have shown a three-phase pattern over the past 20 days: low-point accumulation, strong selling during bullish periods. On May 4, approximately 6,590 BTC flowed out of exchanges, reflecting expectations of a short-term rebound. Overall, whale activity remains between accumulation and distribution, not a strong breakout, and rising exchange balances typically intensify short-term selling pressure.