Since mid-December 2025, Bitcoin whales and sharks have amassed over $5.3 billion in BTC, while retail investors have been taking profits. This combination has created bullish conditions for the market and could be the catalyst for the next wave.
According to sentiment analysts, the crypto market usually follows the path of whales and sharks, moving in the opposite direction of micro-wallets.
Whales and sharks are addresses that hold between 10 and 10,000 Bitcoins, while micro wallets hold less than 0.01 Bitcoins.
Analysts say heavy accumulation by large investors, along with profit-taking by retail investors, suggests the market has likely hit a local bottom, setting the stage for a bullish breakout.
Bitcoin has been trading mostly between $87,000 and $94,000 over the past six weeks and is now near the top of this range.
Bitcoin's key resistances are seen at $95,000 to $100,000, and its immediate support is seen between $88,000 and $90,000.