Bitcoin's brief surge to $90,000 was driven by a liquidity grab targeting short positions, but it reversed due to exhausted momentum and heavy downside liquidationBitcoin's brief surge to $90,000 was driven by a liquidity grab targeting short positions, but it reversed due to exhausted momentum and heavy downside liquidation
Bitcoin’s $90K Surge May Signal Liquidity Grab and Downside Pressure
Bitcoin's brief surge to $90,000 was driven by a liquidity grab targeting short positions, but it reversed due to exhausted momentum and heavy downside liquidation clusters. This rejection highlights market imbalances favoring potential downward moves toward $84,000 support levels. Short liquidations clustered between $89,500 and $90,500 created a resistance wall that halted the rally. Post-liquidation [...]
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