4.11 It’s Time to Liquidate a Wave of Shorts 1. The strongest rally of this bear market has quietly begun, starting from April 7 with a minor breakout above the EMA20, followed by consecutive rallies along the 5-day moving average. 2. BTC has now reached the upper boundary of its trading range; funding rates have turned negative for several consecutive periods, prompting many retail traders to instinctively short between $72,000 and $76,000—these shorts are about to be swept away. 3. The rally has just begun; BTC targets above $80,000, ETH above $2,600. #BTC #ETH
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