The recent drop in Bitcoin can be attributed to the US employment situation, but looking at the liquidation map, every accelerated decline accurately targets the densely packed areas of chips below. Is it a coincidence?
I don't think so; it seems to be intentional actions by the futures market leaders. However, regardless, it does not change the expectation of a major bull market in 2025. Another thing, can everyone understand the intentions of large funds as the densely packed chip area approaches around 102,000?
They push the price up for a week, then quickly pull back, making those who shorted feel validated in their judgment, and then they charge up again to eliminate the short positions!