The implications of current bearish and bullish movements are multiple. On one hand, a massive return of volatility could jeopardize over-leveraged traders. On the other hand, if selling pressure stabilizes, the accumulation dynamics by large holders could create a more solid price base. What is certain is that this imbalance in liquidations acts as a revealer: that of a market divided between structural caution and hopes of recovery between short-term tactics and long-term strategic visions.