According to CoinBase stats institution keep buying, but only in price range around 48k. We saw at least 3 transactions out of the exchange with more than 12k BTC each. All bought around 48k. Indicators tracking short/long term holders also show the transition from long term (3-5 years) holders to newcomers and traders is happening slow yet. In other words, hodlers are not ready to dump BTC yes. Community believes in bull run to continue.