Bitcoin Faces Price Pressure as Institutions Keep Buying

1. Bitcoin Price Pressured, But Institutions Are Accumulating

Data from Lookonchain shows that on July 5, over 8,200 BTC was withdrawn from Coinbase Prime, a platform used by institutional investors.

Still, BTC hovers between $58,000 – $59,500, puzzling retail investors despite strong buying.

• Spot trading volume down significantly

• Fear & Greed Index back to neutral

• Altcoins show no clear movement despite BTC volatility

This divergence could signal accumulation.

• Derivatives market: long/short ratio is balanced → indecision

• Bitcoin ETF inflows: flattening after weeks of strong buying

• Selling pressure from miners and whale wallets remains significant

• Holding above $58,000 → signs of consolidation

• Breaking below $56,800 → may retest the $52,000 – $53,000 support zone

Institutional inflows continue, but retail investors should stay cautious during this low-volatility period.