Sam Price Analyzes Bitcoin's Weekend Fluctuations

According to Twitter user Sam Price, Bitcoin fell below $80,000 on Saturday, hitting a low of around $79,200. According to CoinGlass data, approximately $404 million in long positions were liquidated during this period, with a total of about $815 million liquidated within 24 hours, affecting over 200,000 traders. Bitcoin then quickly rebounded, currently priced at around $80,400. Sam Price pointed out that this fluctuation is typical for weekend trading, as leverage is cleared and the price stabilizes at key levels. In the future, it is necessary to maintain real trading volume to stabilize the $80,000 mark when the Federal Reserve and major tech companies release news.

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