Part 7/12:
The activity of large whales—realized gains totaling billions of dollars within a short period—further demonstrates that smart money is positioning for substantial upside. Moreover, Bitcoin options expiring later this week could catalyze volatility, with bullish option activity suggesting a potential price boost.
Market Makers and Trading Dynamics
Market makers are systematically exploiting volatility—buying dips, liquidating shorts, and pushing prices higher. The support level around $68K is seen as a potential area to liquidate some longs, while breaking above $72K could trigger a wave of short-liquidations, propelling Bitcoin toward new highs. This cyclical “feasting” pattern contributes to the ongoing turbulence but also sets the stage for further upward movement.