Whale movements are more worth monitoring than candlestick charts. IBIT is losing blood, but CW says big players have already turned bullish. Is this wave a trap for stop-losses or the true bottom?

IBIT-2.65%
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CoinNetwork
Bitcoin bulls return to the market, focus on whale activity and ETF flows
Bitcoin rebounds after falling to a low point, and the market refocuses on bullish and whale activity. Blackstone IBIT's single-day capital outflow hits a record, sparking attention to ETF capital flows. Analyst CW states that large holders have returned to the bullish side, and the next phase will determine whether a local bottom has been reached; whale long-term holdings will influence the short-term direction, and if they turn into shorts, further pressure may occur. Despite the pressure, some traders believe the market is stabilizing, and long-term buyers are preparing for the next bull run. Crypto Patel has identified three major potential accumulation zones.
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