Watch out for BlackRock! ⚠️ They deposited $125.5 million in Bitcoin on Coinbase, and that move has the entire crypto market on edge.

Look, it's simple: when Bitcoin couldn't hold the barrier of $94,000, it plummeted to almost $89,596. Ethereum followed with a similar drop. 📉 Fear skyrocketed, and that's where the sharks come in.

What happened? Right in the middle of this correction, BlackRock, one of the giants managing ETFs, sent that huge amount in BTC and $2.5 million in ETH to Coinbase. In the crypto world, moving large sums to an exchange (a trading platform) is almost always read as a sign of imminent selling. 🚨 Why? Because it increases the supply of coins that can be liquidated all at once, which puts downward pressure on the price.

A prominent analyst, Ted Pillows, is already warning that this "could precede a wave of institutional sales". In other words, more instability! If you add to that the outflows from ETFs and macro uncertainty, the panic of retailers (us, individual investors) is totally justified. They think: if the big players are moving their cash to sell, disaster is coming.

BUT WAIT! 🛑 Here comes the detail that almost everyone ignores and that you, my financial whiz, should know: For an issuer of a giant ETF like BlackRock, these types of transfers are often just operational. It's like the paperwork of millionaires. They need to move funds to adjust custody, process refunds, or rebalance their accounts, as they use Coinbase Prime for custody (holding assets) and high-volume trading. It doesn't always mean they are going to sell like crazy. It's a systematic process.

The problem is that, although it is a "routine", the technical indicators (the market's compass) are not helping. The RSI (Relative Strength Index) and the MACD (Moving Average Convergence/Divergence) of Bitcoin are below their neutral levels. In English: the selling pressure continues to dominate in the short term. 🐻

For the narrative to change from "panic" to "bull party" (bull run), Bitcoin has to break and hold above the key level of $98,000. Until that happens, the market will remain sensitive to any movement, especially those of the giants.

So the question that remains in the air is: Are we seeing the beginning of a massive institutional sell-off or is it just the "smart money" redefining and consolidating a new high floor for this cycle? 👀 Do you think it's just 'paperwork' or that BlackRock is preparing the price guillotine?\u003cc-45/\u003e