The Bitcoin market is experiencing an interesting divergence — retail enthusiasm is waning, but smart money is quietly accumulating. Google Trends has long signaled this; retail interest in cryptocurrencies has fallen to a low point, and the Fear & Greed Index is flashing a long-term "Extreme Fear" red light. This sounds like bad news, but in fact, it’s a classic bottom accumulation scenario.

Meanwhile, what are the whales and institutions doing? One word — sweeping. Within 24 hours, Bitcoin whales have swept millions of coins, and traditional giants like MicroStrategy and BlackRock are continuously increasing their holdings. Their actions are very patient, indicating strong confidence in long-term positions. Macro factors such as the US debt crisis further reinforce Bitcoin’s status as a safe-haven asset and store of value, with many analysts even optimistic about its future price potential.

Currently, the year-end tax-selling pressure is easing, coupled with the reallocation of institutional funds for the new year, making January likely to usher in new market momentum. The short-term consolidation appears more like a preparatory phase before a breakout, with strong institutional buying laying a solid support foundation for Bitcoin.

Technical data: Current price is 87,783.7 USDT, approaching the support level at 87,466.9 (consider positioning), with support zone between 86,619.9 and 87,466.9; resistance at 89,432.0 (be mindful of risks), with resistance zone between 87,555.0 and 89,557.6. Strategically, placing buy orders near support is advisable; if support is broken, stop-loss promptly.