43% price increase, but with 60% of the position still short.
Today, BR reached $0.324, with trading volume surging to $117 million. The hourly chart printed three consecutive bullish candles—buying pressure hasn’t stopped.
What’s strange is the long/short ratio: 38% long vs 62% short. With it rising like this, there are still people betting on a pullback—classic squeeze conditions where shorts get pressured.
With this kind of structure, any further upward move will force short positions to liquidate, amplifying the rally. But on the flip side, once momentum turns weak, long positions will also get swept out quickly.
I’m watching the $0.35 prior high and the $0.30 support. A breakout above the former could trigger acceleration; if it breaks below the latter, be careful about profit-taking and retracement.
$BR #逼空行情 #62% position short
Click the small card below to quickly check the market👇
Today, BR reached $0.324, with trading volume surging to $117 million. The hourly chart printed three consecutive bullish candles—buying pressure hasn’t stopped.
What’s strange is the long/short ratio: 38% long vs 62% short. With it rising like this, there are still people betting on a pullback—classic squeeze conditions where shorts get pressured.
With this kind of structure, any further upward move will force short positions to liquidate, amplifying the rally. But on the flip side, once momentum turns weak, long positions will also get swept out quickly.
I’m watching the $0.35 prior high and the $0.30 support. A breakout above the former could trigger acceleration; if it breaks below the latter, be careful about profit-taking and retracement.
$BR #逼空行情 #62% position short
Click the small card below to quickly check the market👇
