To be honest, I just saw this: Data: If BTC breaks above $86,921, the cumulative liquidation intensity of short positions on major CEXs will reach $1.774 billion.
Holders of $BTC may want to keep an eye on this. Whether it’s bullish or bearish depends on how the market digests it—don’t just read the headline. Feel free to share your thoughts in the comments.

The market changes rapidly, so make your own judgment.