The Bitcoin Hodlers have money to spare but even with these hodlers accumulating, the supply seems to keep on coming in, the reason for the continuous decline of the price of BTC.
This is a good opportunity for everyone, not just the whales, so we should also use this opportunity for ourselves.
If only people will start to see it that way, the price trend will be reversed.
The market is just panic, extremely fearful and panic now. The coming news from FED is comparable to news (announcement) from World Health Organization in March 2020 about the pandemic. When bloodbath ends, panic wave completes, the market will be well again.
The Bitcoin market is always in this kind of cycle, alas, people never learned and the moment the price of bitcoin declines, their hands are shaken to sell their holdings. Lucky are those who have a firm belief that the Bitcoin market will recover and break another series of ATH after this bear market.