Part 6/15:
Turning to technical analysis, Willie notes that the current market appears to mirror historic bull runs, such as 2013, 2017, and 2021, but with noteworthy differences. The involvement of institutional investors like Tesla, Michael Saylor’s corporate treasury, Fidelity, and Morgan Stanley marks a significant departure from previous cycles that mainly involved retail speculation.
He points out that long-term holders—often referred to as "dolphins," "sharks," and "whales"—continue to accumulate, even amid turbulent prices. Data suggests these groups are adding to their positions rather than selling, indicating a robust underpinning of support that could mark the bottom of the cycle and herald a potential rally.