Yesterday, the net change of whale addresses on the chain was a net outflow due to selling. This could mean that the rebound price has nearly reached the psychological price level of some whales, starting to offload in batches, preparing for a washout consolidation.

If today’s data still shows a net outflow, the demand for adjustment may be greater. What does that mean? It means if today’s price continues to stay high without falling, and today’s whale addresses are still in net outflow, one should be cautious. Alternatively, today may still be on the path of adjustment.

Additionally, from the spot ETF data, there was a net outflow of 14 million USD yesterday, with over 100 BTC. This amount is very small. It indicates that upward momentum is slowing down, and the current price is facing natural adjustment behavior due to a lack of liquidity.

Now is not the right time to go long; it's better to short in high positions and wait for lower positions to buy. The low buy should wait for even lower levels to enter. #比特币VS代币化黄金 #ETH走势分析 #山寨季将至？