According to Michaël van de Poppe (@CryptoMichNL), current on-chain data indicates that retail investors are selling while institutional investors are actively buying Bitcoin. This dynamic is defining the present market as the 'Institutional Cycle,' suggesting that institutions are setting the tone for price movements. For traders, following institutional activity is critical, as history shows institutions typically drive significant market trends and outperform retail participants. This shift highlights a potential accumulation phase that could precede a major Bitcoin price rally, and traders should monitor institutional inflows for trading strategies. Source: Michaël van de Poppe on Twitter.