I noticed an interesting pattern on the chain — old Bitcoin holders have started actively transferring coins to exchanges. This usually indicates that selling pressure is increasing and people are preparing for a possible decline. The market as a whole looks quite bleak, with bearish sentiment. When such long-term investors start mass withdrawing to exchanges, it often precedes more serious drops. It seems that in the coming months, we may see even lower levels for BTC. It's worth watching the trading volumes on exchanges — they will show how strong the selling pressure will be.