$BTC and major altcoins are going through a Long Squeeze.

In the last post, the smartest move was taking profits for those who were long or fully exposed.

Aggregated liquidation levels across multiple venues clearly show that maximum pain lies below current prices for BTC, ETH, BNB, and XRP.

Markets are almost always driven by liquidity and the losses of weak hands.
Volatility is simply the outcome of fragile demand.