Calm before prices explode or ship is about to sink?

I truly feel like the crypto market is at a standstill right now. Massive liquidation event last week and large whales were buying (BTC and specific alts). Tons of last coin price compression for years at this point.

If whales bought the dip last week, shouldn’t that mean they expect price to go up soon? Why do this now if we’re going into a bear market soon where they can buy low for an extended period of time?

I truly don’t know where the market stands right now. I’m glad most of my portfolio is BTC but I would sure love to see my alts pump. Risk management is crucial. I’m just holding and waiting for a clearer sign on where this market is going.

What do you think – are we on the edge of prices exploding or is the ship halfway sunk and about to sink? Would love to hear y’all’s thoughts.