⚠️ Whales $BTC
are selling aggressively - a massive liquidity withdrawal is approaching! ⚠️
📊 Overview of the data: smart traders are dominating with sell orders worth $3.25 billion, currently in fantastic profits.
🐋 Whale activity: 1282 whales hold sell positions with an unrealized profit of +$893.77 million, keeping the pressure high.
📉 Evidence: net selling volume reached $44.63 million for whales alone, while the buy/sell ratio is low at 35.17%.
🚀 Logic: If we break $66,000, we will see a liquidation of sell positions towards $76,799; if we break $65,000 downwards, the decline continues.
🛡️ Support: strong selling pressure indicates a retest of the $64,200 area before any real bounce.
🎯 My plan: Sell (SHORT)
📍 Entry: $65,900 - $66,200 🔴
💰 Target: $61,500 📉
🛑 Stop loss: $68,500 🛡️
Do you think the bottom is in, or is the decline ongoing? DYOR.