Looks like a decent amount of short positions got liquidated over the last few hours. Market sentiment is feeling pretty bullish overall, but with RSI leaning slightly overbought on shorter timeframes, a quick healthy pullback wouldn't be surprising before the next leg up.
Key levels I'm watching:
Support: $82,000 – $83,000 (Holding this zone keeps the bullish structure intact)
Resistance: $86,000 – $89,000 (A clean breakout here could push us straight toward $90k)
For Futures Traders:
Don't jump in blindly with high leverage due to FOMO. Wait for clear confirmation and always stick to proper Risk Management and Stop Losses—volatility can trigger sharp wicks both ways.
Are you guys expecting a push straight to $90k, or a rejection back down first? Let me know your thoughts below!
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