[Renowned Trader: Bitcoin's Short-Term Consolidation Aims to Hunt Long Positions and Destroy Bullish Confidence] BlockBeats News, September 12, renowned trader Killa posted an analysis stating that Bitcoin has been in repeated consolidation recently, with the market repeatedly hunting long positions below previous lows. The goal is to clear leverage and gradually erode the confidence of bullish holders. Killa believes that this persistent sweeping behavior often signals the market's ultimate intention to reward long positions, with the final sweep marking a local bottom, followed by price expansion toward higher levels. Killa, a quantitative trader specializing in BTC, accurately predicted the peak of this bull market in May 2025 and has over 200,000 followers on Platform X. In mid-April, he shorted Bitcoin at $74,688 and switched to long positions during the market-wide downturn on June 5. [Original Link]