Bitcoin Market Tins: Big-big pressure, how the big players dey do, and wetin go make Q2 better
Wetin go happen to Bitcoin for second quarter depend on plenty things like wetin don dey happen before, how economy dey go, levels wey price no fit pass, and how big traders (wey dem dey call whales) dey do their business. Before before, Bitcoin dey always get profit for some Q2 periods, and e fit happen again if everything arrange well. But wetin US Central Bank go do still dey important: if dem cut interest rate, people fit wan take more risk, but if dem continue to dey strict and US inflation data come out, e go make market shake and people go dey careful with risky assets like Bitcoin. Data wey dey on-chain show say people dey sell more because the ratio of buyer to seller don drop below 1, meaning the power wey dey drive market don weak. Whales don dey very active, with big traders moving their positions wey dem don borrow money on, and dis fit make price dey jump up and down, and show wetin big companies dey think. The money wey dem dey use for perpetual futures still dey neutral, meaning people no too sure to take strong long bets even as the number of open positions and price dey go up. Bitcoin still dey try break strong level wey e don reach before; if e break am and plenty trading happen, e fit make people wey don bet against am to buy back (short squeeze) and open road for price to reach as high as $155,000. But if whales dey sell more or market no confirm am technically, price fit fall. Generally, even if economic problems and bad market signals dey make price not too strong for now, traders suppose dey watch out for clear technical moves and wetin institutional whales dey do, because dis fit bring big trading opportunities for market wey dey shake.
Neutral
Even as old-old data dey show say Q2 fit bring profit and things fit make market go up—like technical breakout or short squeeze because funding rate dey neutral and open interest dey increase—the big problems wey dey for economy, like how Federal Reserve dey do strong strong policy and US inflation data wey go soon come out, dey calm down the idea say market go still climb. Data from on-chain and exchange dey show say market fit fall, with weak power and too much selling pressure as taker buy/sell ratio dey below 1, and funding dey neutral even as price dey climb. Big big investors (whales) dey change their position, wey dey make market more shaky and fit cause sudden fall if dem sell plenty. Even though if market break resistance and plenty trade happen, price fit jump well well reach targets like $155,000, the lack of clear direction now make sense to just dey neutral until technical or big economy changes really shift how people dey feel. Traders suppose dey watch both economy news and market inside well well for clear signs to act on.