• Current Price: BTC trades at $87,150, about 30% below its all-time high of $126,000.
• Recent Trend: Following a sharp drop to $80,000 on November 21, Bitcoin has stabilized, sparking discussion of a potential local bottom.
• Investor Behavior:
  • Whales (1,000–10,000 BTC): Mostly selling, reducing market exposure.
  • Mid-sized holders (100–1,000 BTC): Steadily accumulating.
  • Small holders (<10 BTC): Net sellers over the past 60 days.
• Technical Signals: Analysts note a hidden bullish divergence on the weekly chart, indicating easing selling pressure and potential upward momentum.
• Outlook: While stabilization suggests a local bottom, a sustained rally depends on continued accumulation from mid-sized investors and easing of whale selling.

Bitcoin shows early signs of a rebound, but confirmation of a trend reversal will require sustained support from key investor cohorts.