Odaily Planet Daily reported that Bitcoin experienced a small drop this morning, with the main selling concentrated on the two major trading platforms of Binance and OKX. The drop coincided with the trough period of liquidity transfer from the West to the East, which may be a small test of the price by Eastern investors. 💡

Interestingly, this market fluctuation did not use a large number of chips, and it does not seem to be the operation of a large group, but more like a blowup of open contracts. Throughout the process, the open contracts of major platforms decreased by about 15,000 BTC, presenting a situation of long and short double explosions, of which long positions accounted for about 70%. 📉

Despite this, the future of Bitcoin is still full of hope and worth looking forward to! 🚀