Is the bear coming?

In early November, BTC dealt a heavy blow to the market. The price broke through a key level and headed straight for $105,000, with a single-day drop exceeding 4%. This operation directly caused over 300,000 accounts across the network to be liquidated, with funds evaporating to as high as $1.164 billion.

The market panic index has soared, and the driving force behind it is not simple:

The infamous short-selling whale "1011short" has started to take action again, along with several early veteran players, wildly dumping coins into the exchange. This move clearly indicates a setup for short positions. On-chain data does not lie; every transfer made by these large holders sends a signal to the market.

When retail investors are trembling, smart money has already lined up in advance.