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It seems that the classic Bitcoin liquidations over the weekend may be coming to an end. Since CME expanded cryptocurrency trading to 24/7, the dynamics have changed quite a bit. It used to be common to see those dumps on Friday night, but now that the market is open all the time, it’s harder to predict these moves.
It’s kind of like what happens in the fx market—when you have continuous liquidity, things become more stable. Before, everything was concentrated in specific time slots; now it’s more spread out over the day. A lot of people who used to trade betting on those weekend drops had to adapt their strategy.
The truth is that this changes the game for crypto traders. Fewer crazy gaps, more consistent movement. Some people say it’s good for stability, while others think it has lost that potential for quick gains it had before.