币界网报道：Bitcoin retested its 50-day moving average as large holders continued accumulating while retail investors took profits, signaling a potential market shift. On-chain data shows whales have been steadily buying BTC during recent price dips, with addresses holding 1,000+ BTC reaching a 3-month high. Meanwhile, smaller wallets (under 1 BTC) have been reducing exposure, suggesting retail traders are cashing out. Analysts note this divergence between institutional and retail behavior often precedes significant price movements. The cryptocurrency briefly dipped below $63,000 before recovering, maintaining key support levels. Market observers highlight growing institutional interest through spot Bitcoin ETF inflows, with BlackRock's IBIT seeing record trading volumes. The accumulation pattern mirrors behavior seen before previous bull runs, though some caution remains due to macroeconomic uncertainty and potential Fed policy changes.