It is necessary to allow time for new liquidations to form in the market. Whichever side the accumulation is, that's the direction of the fluctuation.

Old and new longs were deleted in Bitcoin.

Those who closed out of fear or could not manage risk became liquid.

If it goes up, the ones who will win are the market makers.

New short positions were filled with the expectation that it would fall.

There are many short positions to be squeezed.

Let the shortsqueze begin.

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