$BTC swept the last downside liquidity. What happens next depends on how aggressively leveraged longs enter here.
If they pile in and build a new liquidation cluster below, another move lower is possible. Otherwise, shorts above become the obvious target.
Maybe CZ finally recovered those $6B and is ready to flip the script—liquidating shorts instead of longs this time.
If they pile in and build a new liquidation cluster below, another move lower is possible. Otherwise, shorts above become the obvious target.
Maybe CZ finally recovered those $6B and is ready to flip the script—liquidating shorts instead of longs this time.
