Recently, an interesting phenomenon has been observed. Yesterday, BTC whale addresses had a net inflow of just over 200 coins, but the day before yesterday, there was a significant net outflow of over 1,000 coins. If this rally did not trigger large-scale accumulation by whales, then there is still a risk of a false breakout. Conversely, if today’s net inflow exceeds 1,000 coins, then there is real potential ahead. Of course, if the market continues to fluctuate back and forth by a few hundred, we need to wait for more data confirmation. In summary, as long as there is no continued net outflow, there is still a chance—each large net outflow is basically either testing patience or signaling a genuine decline.

Another point to be cautious about is that if the market consolidates for so long without choosing a direction, when it finally breaks out, it might first fake out to deceive traders. We should stay alert in this current situation.

Additionally, the largest options expiration in history is approaching, and the ancient super whale has moved again—transferring 100,000 ETH to an exchange. At such times, the most reliable approach might be to observe quietly and wait until the price truly breaks out of the 85,000-91,000 range, or until a false breakdown signal appears below, before making any decisions.