And just like that, the entire yesterday's pump was fully retraced a day later

Typical situation: A very bullish news comes out, followed by a pump

Then the market realizes that there is no reason to be so bullish right now, because the pump was fueled by expectations and nothing else,and sells off

More than $633 million worth of futures positions have been liquidated in the last 24 hours

With a high probability the price may go even lower and we will test the 78k-80k level for BTC again