Analyst Says Bitcoin Is Bullish But It’s Time For Caution
The price of Bitcoin has returned to the traction of rising, The transaction returns more than $ 105,000 After a temporary decrease of less than $ 104,000 earlier today. In the past hour, this increase of 1.2 % reflects optimism in the market.
In this price performance, crypto analysts Crypto Dan shared his analyze Data and market behavior on the chain may create the trajectory of Bitcoin in the next few weeks and months.
Bitcoin watch the market, but be cautious
According to Dan, in each market cycle, the number of Bitcoin, which lasted less than six months, continued to show significant growth. This trend shows that with the expansion of Bitcoin, new capital inflows (especially the introduction of ETFs from expected Bitcoin attractions) may further promote demand.
Both Dan Yumeng Institutions and retail investors will Slope rising When these ETFs were in the first half of 2025, their participation was attracted.
In addition, although the current indicators are still bullish, cryptocurrency Dan warned that the interest in Bitcoin and Congzha currency surged and combined with the influx of new investors, which may indicate that the current cycle may be approaching its peak.
If Bitcoin promotes its highest historical height at a significant amount of momentum and Altcoins is followed, it may trigger a wave of inflow, which may marked the final stage of the cycle. Dan suggested that investors began to consider risk management strategies.
The encryption market is still bullish … but it should be cautious
“If Bitcoin imitates the effect of strong momentum and cottage coins, which trigger a wave of new investors flowing, it can indicate that the end of the cycle is coming.” – After @DancoininvestorMowing pic.twitter.com/nvkb8ly1de
-cryptoquant.com (@Cryptoquant_com) January 31, 2025
Different inflows of retail and whales
Another encrypted analyst Darkfost’s observation was strengthened. Bright spot Differences between retail investors and whale behavior.
According to the recent Binance data, retail investors have greatly increased their BTC deposits in the past month, with an inflow of about 6,000 BTC. In contrast, the whale activity of dual activity has decreased, and its BTC Inflow About 1,000 BTC, a four -fold reduction.
DARKFOST noticed that retail investors often use communication Clear their sharesThe reduction of whales indicates that they have caught Bitcoin.
This contrasting behavior provides insights on a wider range of market emotions: retail participants seem to be eager to use short -term growth, which is bigger, bigger, more Mature investor Keep a more cautious position.
Historically, following the whale behavior rather than retail trend provides a more reliable signal for long -term market transfer. Darkfost emphasizes this:
This is a perfect example of a distinctive behavior between the whale and the retailer. It is usually considered a better choice to follow the whale rather than retail investors.
Use the characteristic image created by Dall-E, the chart of TradingView
