In the past week the value of Bitcoin fell by 6.72% from its peak of $124,474, dropping below $115,000. While some analysts initially saw this as typical profit-taking, the deeper-than-expected correction raised concerns about further price declines.
According to analysts, while short-term holders are cashing out, the scale of these actions is decreasing. The weekend price drop can be explained in terms of "liquidity dynamics." (during thin weekend markets, liquidity tends to build up and then gets "swept" away, which is a common occurrence.)
Analysts also point out that large amounts of Ethereum (ETH) being unstaked have increased supply. However, on weekdays, strong institutional demand often absorbs this supply. Since institutional investors are not active on weekends, the market becomes vulnerable to imbalances that can trigger sell-offs to clear out liquidation zones.
Despite the recent price decline, a significant amount of new "open interest" has emerged, according to analysts. This could provide strong support for Bitcoin because both long and short positions were established at these levels, and short sellers are currently "trapped." It is important to note that this is not financial advice.

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