By the logic, that whales do what the opposite of public thinks bitcoin will do, we can expect a rise very soon. Right now, everyone thinks that bitcoin is on a bear run and the price keeps going down and down which means eventually it will hit bottom, but reality is we dropped to $8k and stayed there, we are not going any further down as it looks and if people keep thinking that bitcoin will be $3k like last time than whales could allow people to sell and they would buy and buy and buy to have more and more bitcoins and as soon as they feel like the sells are slowing down they will buy more from the order book and increase the price back to $10k very easily.

Right now, there is not a big wall between $8k and $10k, so if whales wanted to get it back up it would be super easy for them.