Market Analysis & Trends - Bitcoin's average retail entry price for long positions is between $117,000 and $122,000, with most positions opened in the last 3 months [1] - Whales holding 1,000-10,000 BTC have sold $13 billion of BTC in the last 30 days, the largest sell-off since July 2022, dumping approximately 116,000 BTC [2] - Bitcoin spot ETF flows have slowed to approximately 500 BTC per day since early August, indicating less new capital and increased profit-taking pressure [2] - Altcoins are experiencing rallies, causing Bitcoin dominance to drop, which is viewed as a distraction while larger players sell BTC [2] Trading Strategy & Positioning - The analysis suggests a distribution phase in the $115,000-$125,000 range, where whales are taking profits [1][2] - The analyst has taken a 100% short/USDT position, closing all spot positions, with profit-taking executed between $115,000-$125,000 [2] - The strategy involves taking profits above $115,000 and entering short positions in the $115,000-$125,000 range [2] Risk Assessment & Liquidity - Altcoins are heavily over-leveraged long, making the space fragile [2] - Significant liquidity is present on the downside, particularly in the $90,000-$106,000 region [2]
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Doctor Profit π¨πΒ·2025-09-14 19:41