[QCP: Recent Bitcoin Volatility Resembles a 'Liquidity Reset' Rather Than a Structural Collapse] Deep Tide TechFlow reports that on February 12, QCP Director Elbert Iswara stated on the Money FM 89.3 radio program that the recent significant volatility in Bitcoin resembles a liquidity reset rather than a structural collapse. Although the price briefly dropped to $60,033, the subsequent rebound indicates that long-term investor and institutional demand still exists. He pointed out that the current Bitcoin trend is primarily influenced by the macroeconomic environment, while factors such as ETF outflows, derivative positions, and leverage liquidations have exacerbated the volatility. Iswara advised investors to focus on the key price range of $60,000 to $65,000, ETF fund flows, leverage liquidation conditions, and changes in Bitcoin's correlation with stocks. He also suggested that in the short term, Bitcoin should be viewed as a high-beta asset for risk management purposes.