Despite Bitcoin's recent struggles, holders with less than 1 BTC, referred to as "shrimps," have been accumulating more tokens. According to on-chain analytics platform Glassnode, shrimps are now accumulating at a rate of 17.6K BTC per month. This indicates that small investors are buying low and selling high, with the last time they accumulated at this rate being in July 2023 when Bitcoin traded between $25,000 and $30,000. The current market prices will likely be determined by Bitcoin's price action in the coming weeks. If it stays around the $90,000 support level, it could either result in a bear trap before a rally to new highs or fulfill a head-and-shoulders chart pattern with a target at $75,000.



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