Why is nobody talking about Bitcoin squeezing shorts in the Asia session and heading toward $87K?
Too many traders get wrecked on these moves. They hold shorts too long or chase the pump and get stuck at the top.
Low liquidity during Asia hours lets these squeezes happen quickly. $BTC pushed toward $87K as shorts got liquidated across the board. It looks like strength, but it's mostly positioning unwinding rather than fresh demand coming in.
The smart play is to sit out the initial move and wait for a pullback. That's when you can enter with better odds instead of chasing.
Watch $ETH and $SOL for confirmation if they start following $BTC higher.
Where do you think this squeeze takes us next?
#Bitcoin #ShortSqueeze #Crypto
Too many traders get wrecked on these moves. They hold shorts too long or chase the pump and get stuck at the top.
Low liquidity during Asia hours lets these squeezes happen quickly. $BTC pushed toward $87K as shorts got liquidated across the board. It looks like strength, but it's mostly positioning unwinding rather than fresh demand coming in.
The smart play is to sit out the initial move and wait for a pullback. That's when you can enter with better odds instead of chasing.
Watch $ETH and $SOL for confirmation if they start following $BTC higher.
Where do you think this squeeze takes us next?
#Bitcoin #ShortSqueeze #Crypto
