As per Technical analysis & SMC wise, the price is now entering the liquidation zone because of the liquidity swipe is belong near 61k price which id point of the supply zone as I mentioned before.
As of now the volume is low and it's still possibility for the price to eventually showing us this kind of choppiness in the market. Both longs and shorts are now being liquidated as it will only need small amount of money to move upward the price.
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