📊 SUMMARY & ASSESSMENT OF THE US SESSION
The recent US session witnessed an extremely strong Short Squeeze (short-sellers’ trap), pushing Bitcoin’s price sharply higher in a near-vertical move. 📈
➡️ Price Action: The chart shows the current price at 86,562.31 USDT (+6.53% today). This rally has completely broken through the previous psychological resistance zones, moving close to the 24-hour high of 87,395.67 USDT. 🚀
➡️ Technical Drivers: The short- and medium-term moving averages—MA(7) at 86,435.01 and MA(25) at 84,165.57—are both pointing straight upward, indicating overwhelming buying power (Bullish Momentum). $BTC
The recent US session witnessed an extremely strong Short Squeeze (short-sellers’ trap), pushing Bitcoin’s price sharply higher in a near-vertical move. 📈
➡️ Price Action: The chart shows the current price at 86,562.31 USDT (+6.53% today). This rally has completely broken through the previous psychological resistance zones, moving close to the 24-hour high of 87,395.67 USDT. 🚀
➡️ Technical Drivers: The short- and medium-term moving averages—MA(7) at 86,435.01 and MA(25) at 84,165.57—are both pointing straight upward, indicating overwhelming buying power (Bullish Momentum). $BTC