🚨 CoinGlass’s 30-day liquidation map is quite interesting—significant short positions have accumulated. When Bitcoin was around $74,863, a substantial amount of SHORT (bearish) positions built up above. The $79,000–$84,000 range is particularly notable. If Bitcoin makes even a small upward move, the liquidation of these positions could accelerate the rally. This is known as a short squeeze. Of course, Bitcoin must first move upward for this to happen! Source: CoinGlass, 30-day BTC liquidation map.
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