#DeepCreationCamp

The movement of $BTC was impulsive in nature and accompanied by classic liquidity mechanics.

Structural facts:

• Sharp increase after a series of declines

• Acceleration of movement due to short liquidations

• Synchronous reaction of altcoins

Such phases more often reflect a short squeeze rather than the emergence of sustained demand. The market in such situations rises due to forced position closures rather than organic accumulation.

BTC. Price behavior

The rise within the 68.5k–69.5k range appears technically as a price spike into liquidity and resistance zones.

Key features: • Rapid impulsive movement without a formed base

• Active unloading of overloaded shorts

• Testing dense supply zones

The 69k–70k zone is expected to act as an area of counter-volume. The presence of sell walls here is a normal market structure, not an anomaly.

The role of liquidations

The acceleration of movement corresponds to a typical scenario:

• Price passes through stop concentration levels

• A cascade of liquidations is triggered

• The impulse is amplified without a real influx of capital

That’s why such rebounds often look strong but remain unstable.

ETFs and institutional flows

Short-term inflows do not change the overall picture.

Structural context:

• Capital outflows dominate in 2026

• Local inflows are just normal market noise within the trend

• Actions of institutional players have yet to demonstrate aggressive accumulation