$BTC 2.4 Bitcoin Price Today: Last night’s market experienced a sharp fluctuation of over 10,000 points, which is another precise harvest by the main players targeting market liquidity. They first cleared about 500 million in liquidity by smashing the spot market, then violently rebounded to clear another 200 million in short positions. The main players achieved a harvest of approximately 700 million at a cost of about 120 million. As a result, the wave structure has become increasingly clear. Currently, it is most likely operating within the a-wave (Y-a) of Wave Y, which has been declining since 126,000 points, and may be nearing its end. Since liquidity below has been significantly reduced, the market may turn to a rebound, i.e., Wave Y-b, with the main target being the approximately 1 billion liquidity concentrated in the 80,000 to 82,000 range above. Community indicators have issued buy signals again, but given the high volatility and gaming environment at the end of the year, decision-making should be especially cautious.
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$BTC 2.4 Bitcoin Price Today: Last night’s market experienced a sharp fluctuation of over 10,000 points, which is another precise harvest by the main players targeting market liquidity. They first cleared about 500 million in liquidity by smashing the spot market, then violently rebounded to clear another 200 million in short positions. The main players achieved a harvest of approximately 700 million at a cost of about 120 million. As a result, the wave structure has become increasingly clear. Currently, it is most likely operating within the a-wave (Y-a) of Wave Y, which has been declining since 126,000 points, and may be nearing its end. Since liquidity below has been significantly reduced, the market may turn to a rebound, i.e., Wave Y-b, with the main target being the approximately 1 billion liquidity concentrated in the 80,000 to 82,000 range above. Community indicators have issued buy signals again, but given the high volatility and gaming environment at the end of the year, decision-making should be especially cautious.