Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Bitcoin Price Surged, But Experienced Analyst Issues Warning – "The Market Will Try to Liquidate Even Those in the Right Position"
Source: CryptoNewsNet Original Title: Bitcoin (BTC) Price Surged, But Experienced Analyst Issues Warning – “The Market Will Try to Liquidate Even Those in the Right Position” Original Link: Crypto analyst Joao Wedson, in his assessment following the recent rise in Bitcoin, stated that the market is not in an accumulation phase as thought, but may instead have entered a redistribution phase.
According to Wedson, if the Bitcoin price reaches the $95,000–$96,700 range, significant selling pressure could emerge in that region. The analyst argued that whales might show strong selling interest at these levels, particularly due to liquidity flight.
Wedson, also drawing attention to market behavior, stated that crypto markets can often mislead investors, adding, “Before a real change of direction, the market tries to liquidate even those who are correctly positioned.” According to the analyst, the spread of a short-lived wave of optimism and sudden increases, especially in memecoins, are often harbingers of negative developments.
Wedson, citing past examples, said that such periods often end in cases of fraud, misleading news, or forced narratives. Arguing that the current market structure is quite close to such a process, the analyst stated that he believes a redistribution phase is beginning to take shape in Bitcoin.