Yigit Taha OZTURK 
Sudden moves in the crypto market don’t just affect prices—they reshape investor sentiment entirely. Especially during low-volume weekends, large investors, often referred to as “whales,” can single-handedly steer the market. This weekend brought one such scenario to life.
Bitcoin experienced a sharp downturn yesterday after whale-driven activity triggered a key breakdown. The $108,791 support level was breached, and the price quickly approached the $107,126 / $106,211 zone. Roughly $100 before reaching this range, a buying reaction kicked in, and the price has now settled around $108,300.
Whale Manipulation: A Persistent Threat?
The recent volatility shows once again how whales capitalize on reduced weekend liquidity. In markets where order books are thin, a single large transaction can cause drastic swings. This isn’t new for Bitcoin—but each time, it forces the market into a fresh state of balance.
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Today, due to the weekend, major movements are not expected. Still, any breaking news—especially regarding regulations or major exchange updates—could reignite volatility. Investors should stay alert and review their stop-loss and entry levels carefully.
Watching Resistance and Support Levels Closely
On the technical front, the immediate resistance level stands at $108,791. If this level is reclaimed, a rise toward $109,400 is plausible. On the downside, initial support is seen at $107,126, followed by $106,211. A deeper drop might take Bitcoin to as low as $103,788.
The next 24 hours could prove pivotal for Bitcoin traders. Even in a seemingly calm market, surprises are never far away in crypto.
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