Crypto expert Joao Wedson recently shared his insights following Bitcoin’s price surge, suggesting that the market might not be entering a phase of accumulation as many believe. Instead, he proposes that it could be transitioning into a redistribution stage.
Wedson highlighted that if Bitcoin’s value climbs to the $95,000–$96,700 range, this zone may trigger substantial selling activity. He emphasized that large holders, or whales, are likely to exert strong selling pressure in this price bracket due to liquidity concerns.
The analyst also pointed out how cryptocurrency markets frequently deceive investors. He explained that before any genuine trend reversal occurs, the market often attempts to liquidate even those traders who have positioned themselves correctly. Wedson noted that brief bursts of optimism and sudden spikes—especially seen in memecoins—often signal upcoming downturns.
Referencing historical patterns, Wedson mentioned these phases commonly conclude with instances of fraudulence, misleading information campaigns, or manipulated narratives. Given the current market dynamics closely resemble such scenarios, he believes Bitcoin is entering a redistribution phase rather than an accumulation one.
This commentary does not constitute financial advice.