Let's break it down from the capital-flow perspective: Hyperliquid address 0xecb63c...2b00 reversed into a BTC short of 68.637 BTC, with a notional value of 2,28…
As soon as the news breaks, two things often happen in the market at the same time:
· Early-positioned traders take profits
· Capital that only arrived after seeing the news starts taking over
Whichever of these two groups is larger determines the direction of the move. $BTC 24h trading volume was $1.192 billion; watch for any unusual increase in volume.
#BTC
As soon as the news breaks, two things often happen in the market at the same time:
· Early-positioned traders take profits
· Capital that only arrived after seeing the news starts taking over
Whichever of these two groups is larger determines the direction of the move. $BTC 24h trading volume was $1.192 billion; watch for any unusual increase in volume.
#BTC