In the last hour, there was an impulsive decline in the cryptocurrency market, so much so that BTC dropped to $68,228, and ETH to $2,050. In one hour, positions worth $109M in BTC and $83M in ETH were liquidated, most of which were long positions, of course. Interestingly, just half an hour later, both currencies had already recovered almost 50% of the drop, and now BTC is trading around $69,000, while ETH is around $2,090. It looks very much like a manipulative dump aimed at collecting liquidity from below, triggering stop-losses and long positions, and accumulating longs for a further upward move. Notably, during the dump on the Coinbase exchange, sales sharply decreased, and there was an active accumulation of longs. And again, "fun weekends" that start again on Sunday night; let's see what happens tomorrow afternoon. Now the main liquidity is at the top, and this dump and how quickly it happened only confirms that the next target could likely be the bears.