Why does BTC keep making those sudden moves? I think what @octopusycc said here is spot on. The crypto market is extremely sensitive to liquidity. It’s essentially an index of overall market liquidity. Price movements in this market are determined by the direction and volume of the opposing trades. When there’s good news, institutions will chase longs first, and then retail investors, who are slower to react, will also jump in. But if liquidity doesn’t improve and the positive news can’t be sustained, the original dynamics of the game need to rebalance. The longs turn into the opposing side, and that’s when those sudden moves happen.