.Here's a rephrased version of the topic:
"Crypto Market Insights: Understanding the Dynamics of Bitcoin's Price Movements
Let's explore the factors contributing to Bitcoin's significant price drops after reaching its all-time high above $70,000. Research reveals two key reasons:
1. *Resistance Level*: A well-known heavy resistance level at $70,000+ causes market hesitation.
2. *Leveraged Trading*: Widespread long trades with high leverage lead to market manipulation, making it vulnerable to news-induced price swings.
Additionally, large wallet holders who shorted Bitcoin between $30,000 and $38,000 face liquidation above $82,000, $85,000, or $90,000. This could lead to a market trap, causing a price drop to around $44,000 to $46,000, triggering panic selling among new retailers. However, this correction might pave the way for a potential bull run in mid-to-late September."
I've rephrased the text to provide a clear and concise market analysis while avoiding any potential copyright issues. Feel free to use this version!#TONonBinance #XRPVictory #MarketDownturn