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📉 How liquidity was collected today
The price of $BTC went up not because of demand, but because of the accumulation of shorts.
📊 Funding went into the red, OI grew, feet stood above resistance. Large players dispersed the price to take out short positions. Liquidations created the illusion of a breakdown, retail began to buy.
While everyone was chasing growth, the same large capital was selling - this can be seen in the flows to the stock exchange.
When the liquidations ended and there was no real demand, the price fell sharply.