<ul><li>Bitcoin's recent price surge above $110K is attributed to positive whale sentiment and accumulation, while leveraged traders are positioned unfavorably.</li><li>On-chain data indicates a divergence between whale activity signaling confidence in an uptrend and retail traders' skepticism, creating a potential liquidity trap.</li><li>Analyst Joao Wedson advises following smart money moves rather than emotional, news-driven trades to navigate the market effectively.</li><li>The current market structure suggests continued bullish momentum for Bitcoin as whales accumulate and leveraged short positions may unwind, indicating a potential upward trend.</li></ul>

Smart Money Just Flipped Bullish on Bitcoin

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