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🐳 Now, Bitcoin’s Whale vs Retail Delta is lower than that of altcoins, indicating that whales are more inclined to close their longs or open more shorts on BTC compared to altcoins. Retail traders, conversely, are showing more interest in longing Bitcoin, likely due to a belief that BTC still has downside potential while altcoins have already dropped significantly.
If the Whale vs Retail Delta turns negative for both BTC and altcoins, it could signal a bearish market in the coming days, as whales typically have a greater influence on price movements. This situation requires close monitoring.