Whales are back hoarding Bitcoin, especially when retail investors are panicking, which could be an important signal. Usually, the whales' movements when the market is falling are closely related to their perception of the market's movements. If they accumulate assets during a downturn, it means that they may be optimistic about future price increases.
Considering that the buying behavior of these large wallets occurred at a time when the price of Bitcoin was falling and retail sentiment was low, this could be a sign that they expect the market to rebound in the second half of March. Historically, this "smart money" behavior has often been a precursor to a market reversal, especially when market sentiment is generally pessimistic, and the entry of large investors tends to drive prices back. However, it is important to note that the reaction of the price is not always instantaneous and there may be a time lag. If these whales continue to accumulate bitcoin and the market fundamentals do not change drastically, then the price of bitcoin is expected to come out of a wave of rally in the second half of the month. In short, this change in capital flows is a sign of a potential reversal in the market, but it is also necessary to pay attention to the impact of possible market volatility and external factors in the short term.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Whales are back hoarding Bitcoin, especially when retail investors are panicking, which could be an important signal. Usually, the whales' movements when the market is falling are closely related to their perception of the market's movements. If they accumulate assets during a downturn, it means that they may be optimistic about future price increases.
Considering that the buying behavior of these large wallets occurred at a time when the price of Bitcoin was falling and retail sentiment was low, this could be a sign that they expect the market to rebound in the second half of March. Historically, this "smart money" behavior has often been a precursor to a market reversal, especially when market sentiment is generally pessimistic, and the entry of large investors tends to drive prices back.
However, it is important to note that the reaction of the price is not always instantaneous and there may be a time lag. If these whales continue to accumulate bitcoin and the market fundamentals do not change drastically, then the price of bitcoin is expected to come out of a wave of rally in the second half of the month.
In short, this change in capital flows is a sign of a potential reversal in the market, but it is also necessary to pay attention to the impact of possible market volatility and external factors in the short term.
#市场底部预测