Technical analysis by Thorne- about Symbol BTC: Buy recommendation (12/9/2025)

Capital Flows: Mid-Tier Whales Absorb Supply, Optimized Selling Pressure Structure The capital landscape exhibits a "hidden opportunities amid divergence" characteristic: While some mega-whales (holding >10,000 BTC) have recently sold Bitcoin to rotate into Ethereum, mid-tier whales (holding 100–1,000 BTC) have maintained consistent accumulation — absorbing the supply from large holders. Data shows this mid-tier cohort has increased holdings by 9% over six months, emerging as a critical market backstop. On-chain metrics reveal that the $93,500–$98,500 range has absorbed 1.5 million BTC, forming a dense accumulation zone (chip peak) that provides fundamental support for future rallies. More importantly, leveraged capital has undergone large-scale deleveraging: Bitcoin futures open interest has declined from recent highs, eliminating volatility risks from excessive speculation. The current capital structure is increasingly healthy, clearing obstacles for bullish momentum to accelerate. Bitcoin trading strategy buy：91000-92000 tp:93000-94000-96000 sl：90000The Bitcoin bulls are gathering strength to launch an attack.