@aso

New Year’s Holidays and Whale Behavior! A look at futures market data shows that in recent Bitcoin moves, most of the trading has been done with small volumes and whales are not a big presence. This means that the price growth has been driven more by retail traders, not large investors. In strong uptrends, heavy orders usually enter the market and push the price forward. But in the current situation, the lack of such orders indicates that the smart money is currently cautious or prefers not to enter the market. When the price growth occurs without the support of whales, it usually does not last long.

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