💸 Was anyone ready (in longs) for such a pump at $BTC —no.
All the movement happened due to the closing of shorts = liquidations.

But now, this is really an important time. Because those who planned to join the rally now have to make a decision. Let’s see whether new buyers will appear at these levels to support the price.

Otherwise …. those who are deep in drawdown and were waiting for a rebound to get out will start fixing.