🐋 Whales are gradually closing their long positions.

Whales are gradually closing long positions and a small increase in short positions, which could indicate another market correction. If short positions gain the upper hand, we expect another decline to $81,000. While the market is still uncertain, buying activity has noticeably decreased, and we've entered a consolidation phase, the outcome of which will determine the future price movement of $BTC .

However, momentum remains weak, volumes have dropped, and it looks like we're unlikely to be able to hold the $93,000 BTC area.

🏦 This year, three crypto reserves were officially created in US states.

In 2025, three US states officially created strategic crypto reserves: New Hampshire, Arizona, and Texas. Massachusetts, Ohio, Michigan, and several other states have also introduced bills for consideration but have not yet passed the relevant laws.

💸 Strategy's accumulation rate has slowed.

Last year, the company was actively buying $BTC, but now they're doing so much more slowly. To put this into perspective, Strategy acquired 134,000 BTC in November last year, while this year they've only acquired 9,100 BTC. Apparently, they're changing their approach, and there's a possibility they'll sell some of their holdings, which will negatively impact the market.

The influx of funds into the market has slowed, and this isn't a good thing.