@miloedie
If BTC volume rises while price struggles to advance, selling pressure may still dominate. It could signal distribution, profit-taking, or liquidity absorption by large players. Yet accumulation phases also show high volume with suppressed upside as smart money builds positions quietly. Distinguishing the two requires context — are long-term holders increasing, or are exchange balances rising? Whales withdrawing strengthens accumulation narratives; inflows may indicate impending supply release. Volume alone is ambiguous, but with on-chain positioning, intent becomes clearer.
0 reply
0 recast
0 reaction