Although Bitcoin tested the $ 87,000 level last week, he could not determine a clear direction. However, the latest chain data shows that large investors transfer Bitcoin to the stock market and that this situation can create a potential sales pressure. The fact that the stock market whale ratio (Exchange Whale Ratio) reaches record levels may be a critical warning signal for the market.
Why is the stock market whale ratio important?
Cryptoquant Analyst Egyhash said that in recent weeks, Bitcoin whales have sent a high amount of BTC to the Stock exchanges and that this movement could put pressure on the price. The stock market whale ratio is a metric that shows the ratio of the largest 10 Bitcoin transfer to the total stock market inputs and helps to measure the effect of whales in the market.
The rise of the ratio indicates that large investors make intensive BTC entries to the market and that this can increase sales pressure.
The low rate indicates that whales have a more balanced entry into the market and that there are no large -scale sales.
According to Cryptoquant data, the stock market whale ratio has risen since December 2024, exceeding 0.6 last week. This has been recorded as the highest rate since September 2024 and may be a harbinger of a potential wave of sales.
Critical support and resistance levels for Bitcoin
Bitcoin is currently trading around $ 84,000 and has not experienced a significant price movement in the last 24 hours. However, the fact that whales send large amounts of BTC to the stock markets is seen as a strong sign that sales pressure may increase.
Bitcoin needs to hold over $ 85,000 in the short term. If it does not maintain this level, the possibility of withdrawal to $ 81,000 and then to $ 78,000 can be strengthened. In particular, the fact that large investors continue to sell can trigger panic sales throughout the market.
On the other hand, if Bitcoin can exceed $ 88,000, the price may be able to re -gain acceleration and move towards the $ 90,000 zone. However, for the time being, a cautious waiting in the market is dominant.
Uncertainty continues in the market
Bitcoin’s future aspect will depend on how whales will move in the coming days. If large investors continue to send BTC to the stock exchanges, the probability of breaking the price may increase. However, if these movements take place only for profit intake, Bitcoin can be expected to be consolidated at certain levels for a while.
Investors should carefully follow how to protect the 85,000 dollar level and whether the whale movements will continue in the coming days. If Bitcoin does not overcome critical resistance levels, the market may enter a longer consolidation or a downward correction process.
