The price of Bitcoin is currently trading at $104,966, and significant investors, often referred to as whales, are reportedly reconsidering their investment strategies. Many of these large holders are taking profits from Bitcoin and reallocating their capital into altcoins that are perceived to have more potential for development and growth. Prominent among these are Filecoin (FIL) and Near Protocol (NEAR), alongside a newer entrant, Remittix (RTX). This strategic shift is occurring while Bitcoin maintains its position above the $100,000 mark, indicating a notable change in market sentiment. Analysts suggest that Bitcoin's rapid ascent may be moderating, leading them to believe that early-stage projects like Remittix could offer more substantial returns as the next altcoin season gains traction.
Bitcoin Price Analysis: Potential Floor Around $95,000
On-chain analyst Burak Kesmeci has indicated that the Bitcoin price might experience a minor correction before stabilizing. He has identified a recurring pattern within the UTXO age-band data, which has historically been a reliable predictor of short-term price dips throughout the current year. The historical data suggests that when the realized price of short-term holders falls below that of mid-term holders, Bitcoin typically undergoes a pullback of approximately 13%, followed by a consolidation period lasting around six weeks.
This pattern appears to be repeating, with the latest instance observed on November 1, coinciding with Bitcoin's drop from over $110,000 to below $100,000. Based on past market cycles, Kesmeci anticipates the next local bottom to be in the range of $95,000 to $96,000. Following this potential dip, Bitcoin is expected to begin building a new base for its subsequent upward movement. Rather than signaling a collapse, market observers view this phase as a healthy market reset that supports the continuation of long-term bullish trends.
Filecoin Price Prediction: Whale Accumulation Suggests Significant Potential
The Filecoin (FIL) narrative continues to capture market interest. Currently trading near $2.7, FIL experienced a dramatic surge of 110% in a single day and a further 51% the following day, largely driven by substantial whale accumulation and strong technical indicators. Analysts, including Captain Faibik, suggest that the token is breaking out of a multi-year falling wedge pattern that originated in 2021, a formation historically associated with significant price reversals.
Should FIL successfully close above $3.90, it could trigger a substantial rally of up to 1,740%, potentially targeting $64. Trading volume data supports the notion that accumulation is actively underway. Beyond technical analysis, Filecoin's expanding role in decentralized data storage and AI infrastructure provides it with genuine utility, bolstering the bullish outlook. The observed rotation of capital from Bitcoin whales into FIL appears to validate this fundamental narrative, with many viewing it as a high-conviction investment for 2026.
NEAR Protocol Shows Momentum Amidst Surging Volume
NEAR Protocol has also emerged as a favored asset among large investors. The NEAR price is currently trading around $2.94, marking an approximate 10% increase, as its Intent layer records over $3.89 billion in trading volume. The protocol's recent breakout from a short-term falling channel, coupled with a 65% surge in futures open interest, indicates a resurgence in demand from both retail and institutional traders.
Technical indicators align with this positive trend: NEAR's Relative Strength Index (RSI) has moved above the 50 mark, and the Moving Average Convergence Divergence (MACD) has turned bullish for the first time in several weeks. If NEAR maintains a daily closing price above $2.38, it could set its sights on $3.34 and potentially surpass this level. This activity reinforces the observation that whales are diversifying their investments into altcoins that exhibit robust network growth and significant on-chain activity.
Remittix (RTX): A PayFi Challenger Gaining Whale Support
While many traders focus on charting patterns, whales are reportedly taking positions in Remittix (RTX) due to its distinct fundamental strengths. The project has successfully raised over $28 million, sold more than 684 million tokens, and is currently trading at a price of $0.1166.
Remittix has already secured listings on major exchanges such as BitMart and LBank, with a third exchange listing anticipated soon. The Remittix wallet beta is currently live, allowing community testers to process actual payments through verified corridors.
Key features attracting whale attention include:
- •Global Access: Facilitates direct crypto-to-bank transfers in over 30 countries.
- •Verified Security: Ranked as the top pre-launch token on CertiK for 2025.
- •Real-World Utility: The wallet beta is live and operational for payout rails.
- •Sustainable Growth: Over $28 million in investor contributions demonstrate strong confidence in the company's trajectory.
- •Passive Income: Users can earn 15% USDT referral rewards daily via a user-friendly dashboard.
Altcoin Rotation Signals a New Market Phase
With Bitcoin demonstrating stability near the $100,000 level and large holders strategically reducing their exposure, market attention is increasingly shifting towards altcoins that are showcasing tangible progress and development. Filecoin, NEAR Protocol, and Remittix are highlighted as projects that successfully combine strong technological foundations with expanding adoption.
While Bitcoin continues to be the primary influence on overall market sentiment, available data suggests that whales are actively redirecting their investments toward initiatives with greater growth potential. New market leaders are emerging, driven by innovations in areas such as decentralized storage and cross-border payment solutions. Remittix appears poised to join this group, positioning itself as a promising contender in the upcoming growth cycle.