4.15 As long as shorts remain, longs will continue 1. BTC broke above the upper boundary of its two-month consolidation range yesterday, triggering mass liquidations of heavily shorted retail traders. Looking at funding rates, retail traders are still aggressively entering high short positions. 2. After breaking above 76,000, BTC pulled back—I don’t view this as a false breakout. A short-term pullback as long as it holds above 70,500 is reasonable; the hourly chart still shows a strong bullish structure, with the next target at 80,000. https://t.co/qFgkxFUej5
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