 
 
Bitcoin’s recent struggles may not be a sign of weakness but rather a pause before the next major shift, according to fresh insights from Weiss Crypto. Analysts say the top coin’s muted performance is tied to sluggish liquidity growth. This dullness is expected to turn around in the coming months.
The firm noted that while last week’s rate cut may appear promising for risk assets, history shows that liquidity from such policy moves takes time to flow through. “It takes about three months for fresh liquidity to filter through to crypto markets,” Weiss wrote, suggesting mid-December as the window when the impact will become clearer.
Until then, the market model suggests another 30–60 days of sideways trading, with a potential low around October 17, before conditions improve.
Despite the near-term caution, Weiss suggests that strong liquidity signals from gold, along with a series of record highs, reinforce expectations that crypto is on a long-term bullish path.
Traders wrestle with sentiment as whales quietly accumulate
Market watchers, however, say traders may still face turbulence. Data from Santiment shows Bitcoin has slipped 8.8% since its mid-August peak of $123,800, frustrating bullish sentiment.
 
Monday’s sudden drop to $112,200, the lowest in nearly two weeks, sparked a wave of “buy the dip” chatter online. Analysts warn that such crowd optimism has historically signaled more downside ahead, as markets often move against retail expectations.
At the same time, underlying signals seem healthier than surface-level volatility suggests. Whale wallets holding between 10 and 10,000 BTC have added over 56,000 coins since late August, pointing to steady accumulation.
Meanwhile, Bitcoin’s supply on exchanges has declined by more than 31,000 coins in the past month, limiting immediate selling pressure.
Market watchers believe funding rates and positioning shifts hint that a deeper shakeout could precede the next rebound. However, with average short-term traders now in the red and whales continuing to build positions, the downside risk looks increasingly limited.
For now, Bitcoin appears caught between retail optimism and professional patience. This setup could define the road into the final quarter of the year.