Trader: Bitcoin's Short-Term Continued Choppiness Aims to Hunt Longs and Destroy Bullish Confidence

Odaily reports: Trader Killa posted that Bitcoin has recently been in repeated choppy conditions, with the market repeatedly hunting long positions below previous lows, aiming to clear leverage and gradually destroy the confidence of long holders. Killa believes that this sustained low-sweeping behavior usually signals that the market ultimately intends to reward longs, with a final sweep marking a local bottom, followed by price expanding toward highs. As a BTC-focused quantitative trader, Killa predicted the top of this bull cycle in May 2025 and has over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688 and turned long on June 5 during a broad market decline.