Willy Woo: The market is in a "liquidation season" and it is not advisable to go long at this stage

Odaily News Trader Willy Woo posted on the X platform that it is not a good time to bet on the rise of Bitcoin, and the market is in the "liquidation hunting season." He pointed out that due to the high leverage level in the derivatives market, it is difficult for Bitcoin to rise, and it is necessary to clean out too many "casino speculators" before the next round of new highs can be opened.