Cryptocurrency analytics firm Alphractal pointed to a notable movement in the Bitcoin market in its latest rating.
At $95,000, the large investors, namely whales, have started to show interest in short positions again, closing their long positions.
The innovative “whale position sentiment” indicator developed by Alphractal analysis reveals whale trends in the market, surpassing transactions of more than $1 million on the major exchange and scale of open interest (open interest). If this indicator shows a decline while prices are rising, it means that the whale is switching to a short position. Conversely, when the indicator rises, the whale is switched to a longer position, which usually appears to be closely related to price increases.
Analysis shows that this metric historically correlates with Bitcoin price action at 93%.
Alfractal Warning: If the indicator continues to drop, the chances of Bitcoin corrections may increase. However, if decline ceases, the upward trend may continue. Bitcoin is unlikely to fall below $45,000 in 2026, according to the company’s long-term “power law” model.
*This is not investment advice.
