Bitcoin Market Shows Rising Retail Sell Pressure and Declining Whale Activity, Indicating Possible Volatility Ahead

Key Points

1. Recent Bitcoin exchange flow data shows retail-led selloffs between $96,000 and $120,000, increasing short-term volatility.

2. Whales are holding their assets and avoiding exchange inflows, acting as a stabilizing force against large-scale price drops.

3. The market's fragility may lead to sustained price swings without significant whale intervention.

4. Investors should monitor reliable data sources like CryptoQuant and COINOTAG to navigate the volatile market conditions.

5. Bitcoin demonstrated a notable recovery on July 18, surpassing $119,000, with a 24-hour decline narrowing to 0.22%.