According to Crypto Research Institute Santiment, since December 17, whale and shark addresses holding 10 to 10,000 Bitcoins have increased their holdings by a total of 56,227 BTC, marking a local bottom in the cryptocurrency market. Despite the market's overall relatively lackluster performance, the bullish divergence from its accumulation behavior ultimately contributed to a minor breakout. In the past 24 hours, retail traders holding positions below 0.01 BTC have begun to take profits, anticipating that they are currently in a bull trap or fool's rally, which has further improved the market structure. The market is currently in the "green zone", and the probability of continued growth in the total cryptocurrency market capitalization is higher than usual.
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According to Crypto Research Institute Santiment, since December 17, whale and shark addresses holding 10 to 10,000 Bitcoins have increased their holdings by a total of 56,227 BTC, marking a local bottom in the cryptocurrency market. Despite the market's overall relatively lackluster performance, the bullish divergence from its accumulation behavior ultimately contributed to a minor breakout. In the past 24 hours, retail traders holding positions below 0.01 BTC have begun to take profits, anticipating that they are currently in a bull trap or fool's rally, which has further improved the market structure. The market is currently in the "green zone", and the probability of continued growth in the total cryptocurrency market capitalization is higher than usual.