🚨 INSTITUTIONAL SELLING REACHED A RECORD HIGH. BUT LTH IS GATHERING AGAIN

The BTC market is in a contradictory phase: aggressive selling by funds and simultaneous strengthening of long-term accumulation.

📉 1️⃣ The Most Aggressive Institutional Sell-Off

According to Charles Edwards, last week saw the largest net BTC sell-off by institutions in recorded history.

This increases short-term pressure and explains the weak price dynamics.

Institutional flow now is a risk factor.

🧱 2️⃣ Long-term Holders (LTH) Are Changing Behavior

Since November 23, the LTH supply has increased by +400,000 BTC.

That is, coins are moving into the 155+ days holding category — this is the accumulation phase.

After the introduction of ETFs, the market structure changed:

redistribution cycles became shorter, and LTH reactions faster.

An interesting historical moment:

In previous periods, when the LTH supply started to grow,

the market bottom had already been formed.

📊 3️⃣ Extreme Trend Values

According to Swissblock:

— 20 days of extremely negative dynamics

— 135-day bearish trend

— Indicators at levels characteristic of major lows (mid-2022 period)

Currently, risk and impulse indices remain weak.

But a sharp reversal of these metrics has historically triggered sustainable bullish cycles.

Balance of the picture

🔴 Institutions are actively reducing positions

🟢 LTHs are accumulating

🟡 Metrics are in the zone of historical extremes

⚠️ The impulse remains bearish for now

Short-term pressure persists due to institutional outflows.

Medium-term, the increase in LTH supply and extreme metric values create prerequisites for forming a base.

The capitulation and accumulation phases can occur simultaneously.

The market is in a zone where long-term opportunities have historically formed —

but confirmation will require a reversal of the impulse and a return of demand.
‍#bitcoin #metrics #KRYPTON $BTC $GT