The short squeeze market has started, the logic behind it.
I am a cryptocurrency enthusiast, a recluse, who has relied on the freedom of the crypto world. I purely share the hidden scenes in the crypto world, allowing everyone to see this world clearly, thus seeking survival in the cracks. I voice for the retail investors, and together we will change the mindset of retail investors to keep up with the rhythm of the wealthy mindset. I never take positions, I don't earn a penny from everyone, purely sharing.
The short squeeze market has started, and the goal is to kill off the shorts until almost no one dares to continue shorting. Are there still people doubting my previous statement about the massive short volume above, that it wouldn't be targeted? Are there still people saying the shorts above are the big players? Are there still people doubting my claim that even the whales are just slaughtered lambs? Are there still people doubting my assertion that the biggest player is actually not the whale, nor the institutions, but actually the CEX? Every time the longs and shorts are slaughtered, it is a CEX action because everyone's counterpart is themself. They cannot afford to let the massive short and long positions profit, as they cannot bear the loss. Often, the logic of the market is that bull markets have more spikes and bear markets also have spikes. Your liquidation data is known by others, which is why there is precise spike liquidation; 99% of liquidations belong to them. Coincidentally, this time the short squeeze behavior has once again cleverly shifted the blame. Before the market started, someone said on X: New highs will keep appearing.