The Bitcoin volatility index is near an all-time low level that is around October 2018 low. I have already compared these charts (see below). The fact is that after such a decrease in volatility, there is always a big move. The question of up or down is the eternal question of most people in the market. Locally, I think there will first be an upward movement with liquidations of short positions and then downward. My opinion has not changed since November 2021 - we are going down and already near the bottom. For this, we lack the last dive down with multi-billion dollar liquidations of large and small players in the market. Who benefits? Manipulator. Who is the manipulator? The largest crypto exchanges with futures trading like - Binance, FTX, Bybit, Okex, Huobi, and others. For those with a short memory, remember when Binance bought Coinmarketcap - after the covid fall in 2020.