Analysts: Bitcoin near bull market, but whales are selling
- —BTC trades at $76,808, down 0.2% in 24 hours, about $4,900 short of the $81,700 bull market level
- —Exchange Whale Ratio rose to 0.93 — whales actively moving coins to exchanges
- —Fear and Greed Index at 66, taker ratio at 1.12 — retail buying with leverage
- —Coinbase Premium is negative — US funds not participating in the move
Why it matters: The simultaneous selling by whales and long-term holders in the $77,100–80,200 zone creates resistance for an upward breakout.
Source: BeInCrypto JP