$BTC Large liquidation: $5.45 million in short positions near 77743.08.
The large liquidation of short positions at this level suggests it was previously a crowded area for leveraged shorts. Forced buying by short sellers often accelerates a price surge, but whether the rally continues depends on spot-market buying.
#BTC
The large liquidation of short positions at this level suggests it was previously a crowded area for leveraged shorts. Forced buying by short sellers often accelerates a price surge, but whether the rally continues depends on spot-market buying.
#BTC
