Bitcoin whale actions are frequent, hinting at an imminent market reversal!

Last night, an on-chain anomaly drew market attention—an major holder urgently withdrew 181 BTC from a leading exchange, equivalent to approximately $15.8 million. This withdrawal directly impacted the key support level of 87,950, and subsequently, BTC's price fell below $88,589. More notably, today there have been three attempts to push above 89,000, all unsuccessful.

From the market chart, short-seller forces are continuously gathering at the 86,379 level. This is no coincidence.

**What does the technical analysis reveal?**

In the last 19 candlesticks, 10 are downward and 9 upward, but the trading volume is only 62.74k—this data is quite intriguing. Retail investors typically panic and sell during declines, yet here the volume is relatively low, indicating that the selling pressure does not come from retail investors cutting losses. Conversely, what are the major players doing? They are deploying their strategies.

The resistance at 89,164 feels like a wall, and the support at 86,379 like a stone. Price repeatedly tests between these two critical points. 87,000 has become a dividing line—breaking below it could shatter market confidence; staying above it makes a rebound more convincing.

**Where is the real turning point?**

Whale withdrawals are not panic escapes but strategic adjustments. They are "changing magazines." Industry data shows that below 86,379, there are buy orders totaling up to 20 million USDT. What does this mean? It suggests that the downward space may have been preemptively limited, and the next moves could be the real market reversal.

**Implications for different traders**

If you already hold positions: place buy orders around 86,379 to add to your holdings, and set stop-losses at 87,000. The area near 89,000 looks tempting, but it might be a trap set by the major players.

If you are still observing: consider entering in stages below 87,000, increasing your position by 10% each time the price drops by $500. The crypto market often follows the rule: the more violent the decline, the stronger the rebound.

Short-term traders might consider shorting at 89,164 with a target of 87,000. Take profits when available; there's no need to gamble on the last dollar.

**The key is understanding the underlying logic**

This market trend essentially reflects the re-establishment of bearish dominance. The 87,000 level will become a focal point in the near future because whale actions have already signaled to the market—they aim to accumulate more chips at lower levels. While retail investors panic and sell, major players are already preparing their next upward move.

The crypto space is always a blend of information warfare and psychological tactics. The most important thing is not just knowing the levels, but understanding why these levels matter.