Ever since the October 10 crash, retail hasn’t really come back.


Fear is still there. Spot demand is thin.
But in the background, whales have added nearly 200,000 $BTC in the last 30 days.
That kind of buying can help stabilize price but breakouts don’t happen without retail stepping in.
For now, it’s accumulation under anxiety; not euphoria.
BTC-2,31%
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