Analysts: Bitcoin retail investors and whales are simultaneously increasing their holdings significantly, indicating a continued positive market outlook.

CoinFeed reported on May 10th that analyst Murphy released on-chain data on the X platform, indicating that retail addresses holding less than 1 BTC have accumulated 23,074 BTC in the past 30 days, completing three rounds of concentrated buying at the $66,000, $70,000, and $80,000 levels. Simultaneously, whales holding over 10,000 BTC began large-scale accumulation starting at $66,000, with a peak net increase of 140,699 BTC in the 30-day period, marking the largest single-round net increase in nearly two years, clearly signaling a buying opportunity. Analysts believe that current investors have experienced multiple bull and bear market cycles, coupled with the continuous entry of whale funds, indicating the overall market is moving towards lower selling pressure and less upward resistance.