#比特币行情观察

Behind 91,390 USD: Is a new round of Bitcoin accumulation taking place?
Bitcoin has dropped to $91,300, but it is not a panic sell-off; rather, it appears that big players are cunningly positioning themselves. At this price level, some funds may be building positions for the long term instead of short-term speculation. This suggests that Bitcoin likely has not yet reached its peak.

On-chain long-term holder indicators have repeatedly shown that they are not selling off in large volumes. Experienced holders often increase their positions during such volatility because they focus on medium to long-term potential rather than short-term profits. At the same time, reports indicate that institutional funds are slowly flowing in, and this structural buying is planting the seeds for continued market growth.

From a technical perspective, $91,300 is not only a support level but may also serve as a point of contention: if large funds are sufficient, the next step may be to attempt a rise; if it fails, the oscillation may continue. However, based on the current accumulation trend, the buying side does not seem weak.

Overall, this pullback does not seem like retail panic selling, but rather resembles a consolidation period: the main forces are balancing their positions at high levels, waiting for the signal of the next rise.

* Do you agree that this is the main force building a position at a high level, or is it just short-term speculation?
* Will you start accumulating at $91,300 yourself? What is your strategy?
* Forward to friends in the crypto circle and let's discuss whether this is the "accumulation period"!