A violent crypto rally can have two engines:

1️⃣ Genuine spot buying
2️⃣ Short liquidations forcing traders to buy back

We've seen significant liquidation activity during this rally.

So the next phase is important.

If spot demand continues after the shorts are cleared, the move becomes much more convincing.

Watch volume + retests, not just the green candles. 📈

#BTC #Binance #bitcoin