I would say to be cautious given everything that is happening
Eros crypto
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While many individuals watch their wallets shrink due to volatility, some major players are acting with a radically different logic. Binance's SAFU fund has just acquired approximately 3,600 additional bitcoins for an estimated amount of 233 million dollars, bringing its total reserves to 6 230 $BTC . This type of movement generally aligns with a long-term vision, based on risk management and confidence in the market's resilience.
This contrast between the fear of individual investors and the strategic calm of large entities deserves reflection. Historically, marked correction phases are often when the best-capitalized players strengthen their positions. Not out of intuition, but because data, past cycles, and technical levels provide interesting accumulation zones.
If we base it on Bitcoin's last historical peak, which was around 126,200 dollars, a classic 50% correction would bring the price into a zone close to 63,100 dollars. This level has played a key role in recent days. Despite a temporary break, the zone continues to show a certain strength, suggesting that the market may have already marked an intermediate low.
In a more pessimistic scenario, a 60% correction would place Bitcoin around 50,480 dollars. Technically, this level remains possible, but it would involve much stronger selling pressure than currently observed. Given the institutional flows, the reserves accumulated by certain funds, and the overall market structure, this scenario appears unlikely in the short term.
This does not mean that the risk has disappeared. Vigilance remains essential, especially in an uncertain macroeconomic environment. However, as long as the fundamentals remain intact and major players continue to accumulate, a disciplined strategy of #DCA retains its relevance.
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