$BTC short sellers just got obliterated — over $1.5 billion in liquidations in the past 24 hours. That's a massive squeeze as Bitcoin punched through resistance levels, forcing leveraged bears to cover at a loss. When this much capital gets wiped out on the short side, it typically signals strong momentum and can fuel further upside as forced buying accelerates. Classic case of betting against the trend in a leveraged market — painful exit for those caught on the wrong side.