Willy Woo Sees Improved Bitcoin Liquidity Amidst Volatility

On-chain analyst Willy Woo highlights a positive shift in Bitcoin’s liquidity, despite recent price fluctuations and a short-term correction that saw BTC reach $124,500 before dropping to $112,500. He attributes the latest market movement to forced liquidations, indicating the influence of speculative leverage on short-term pricing. However, Woo emphasizes that MCR (Market Capitalization-to-Realized Value) risk signal indicator is declining, suggesting a recovery in investor liquidity.