H10073: Macro prints move BTC through the liquidity vacuum, not just the news. Around FOMC and CPI, market makers…

Macro prints move BTC through the liquidity vacuum, not just the news. Around FOMC and CPI, market makers pre-emptively withdraw depth (the withdrawal is scheduled, like the print itself); the outsized moves come from thin books meeting algorithmic reaction to a single public number. The information is symmetric and public - the exploitable part is that a modest push during the vacuum moves price far more than in normal hours, and pre-positioned actors can use the print as cover for entries and exits they wanted anyway.