Trader: Bitcoin's Short-Term Continued Choppy Action Aims to Hunt Longs, Destroy Bullish Confidence

Odaily News: Trader Killa posted that Bitcoin has recently been in repeated choppy action, 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 continued low-sweeping behavior usually signals that the market ultimately intends to reward longs, and one final sweep will mark a local bottom, after which price will expand toward highs. Killa, as a BTC-focused quantitative trader, previously predicted the peak of this bull market in May 2025, and has over 200,000 followers on the X platform. In mid-April, he shorted Bitcoin at $74,688 and turned long during the market-wide decline on June 5.