Post-PPI BTC Move Looks Like Liquidity Hunting
I believe the sharp BTC move right after the PPI release shows signs of market manipulation rather than a sustained fundamentals-driven trend. The price spike/dump happened within minutes, reversed quickly, and coincided with thin liquidity and large aggressive orders on derivatives venues.
I've noticed the classic fingerprints: a sudden volume burst, fast reversals around key levels, and outsized liquidations that amplified the move. This looks like short-term liquidity-hunting rather than a change in macro outlook.
My read is that the event increases short-term risk and noise for traders while leaving Bitcoin's longer-term narrative unchanged.
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Disclaimer
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