Trader: Bitcoin's Short-Term Continued Choppiness Aims to Hunt Longs, 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's ultimate intent is to reward longs, with a final sweep marking a local bottom, after which price expands toward highs. Killa, a quantitative trader focused on BTC, previously predicted the peak 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 the market's broad decline.