According to Crypto Rover (@rovercrc), Bitcoin is currently in a textbook box setup, suggesting a significant distribution phase ahead. Traders are advised to stay vigilant and not be misled by current market movements, as the upcoming distribution could be substantial.

According to Miles Deutscher, XRP whales are unloading their holdings at record levels. Large holders have been aggressively selling since the price surged over 500% from November, indicating a local distribution phase for XRP. This trend is crucial for traders as it may impact short-term price movements.

According to Trader Tardigrade, Bitcoin is nearing the green box which signifies the Distribution phase in the Power of Three (PO3) pattern. This indicates a critical phase where traders might expect a shift in market dynamics, influencing potential trading strategies.

According to Miles Deutscher, the recent activity in the cryptocurrency markets appears to be a distribution phase, suggesting a potential shift in market dynamics. This implies a possible transfer of assets from stronger hands to weaker ones, which could lead to increased volatility and trading opportunities. It is crucial for traders to monitor market conditions closely and adjust their strategies accordingly. Source: Miles Deutscher on Twitter.