Bitcoin (BTC) just triggered a TD Sequential “9” sell signal on the 3-day chart, typically a sign that a trend is running out of steam.
This is according to popular analyst Ali Martinez, who highlighted the signal as BTC flirts with the $95,000 level, sparking speculation that a cooldown might be imminent.
It’s a clear caution flag for short-term traders: this pattern often precedes a pause or reversal. However, while the charts suggest overextension, the broader picture looks far from exhausted.
Whales Stack $4 Billion in Bitcoin While ETFs Absorb the Dip
In the past two weeks alone, whales have bought over 43,000 BTC, worth roughly $4 billion, bringing total whale holdings to a record 3.54 million BTC. That’s not risk-off behavior. It’s accumulation with conviction.
Meanwhile, ETF demand refuses to slow down. BlackRock’s iShares Bitcoin Trust (IBIT) absorbed $970 million in a single day last week, second only to its all-time high. Across all spot Bitcoin ETFs, net inflows continue to outpace miner issuance by more than 11x—a historic imbalance that’s fueling the current uptrend.
Despite the TD signal, Bitcoin remains structurally bullish. It’s holding above key support levels, including the 21-day EMA ($91.8K) and 50-day SMA ($86.6K). RSI hovers in the mid-60s, and MACD is cleanly positive—neither overheated nor showing divergence.
Derivatives markets are mixed, with volume rising but open interest flattening, hinting at cautious leverage rather than exuberant speculation. The market may be consolidating, but it’s doing so with a bullish undertone.
The TD Sequential signal may mark a local top, but it’s clashing with a bigger narrative: record institutional inflows, whale accumulation, falling dollar strength, and strong technical support.
If Bitcoin breaks below $91K, the sell signal could play out more decisively. But if it holds—and ETF appetite continues—this could be just another stair-step on the path to six figures.
The next few candles will tell the story. For now, the market is listening—but not panicking.
