$BTC just crossed $78,000 — first time we've seen this level in three months.
The short squeeze happening right now is massive. Liquidations are piling up as overleveraged shorts get wiped out, forcing them to buy back at higher prices, which pushes the price even higher. It's a classic feedback loop.
What's interesting: this isn't just retail FOMO. The macro setup has shifted. We've got clearer regulatory signals, institutional flows resuming, and liquidity conditions improving after months of tightness. When shorts are this crowded and sentiment flips, the move can be violent.
Watch the $80K level next. If we break through with volume, it opens the door to a much bigger leg up. But also keep an eye on funding rates and open interest — if they spike too fast, we could see a sharp pullback as the squeeze exhausts itself.
The short squeeze happening right now is massive. Liquidations are piling up as overleveraged shorts get wiped out, forcing them to buy back at higher prices, which pushes the price even higher. It's a classic feedback loop.
What's interesting: this isn't just retail FOMO. The macro setup has shifted. We've got clearer regulatory signals, institutional flows resuming, and liquidity conditions improving after months of tightness. When shorts are this crowded and sentiment flips, the move can be violent.
Watch the $80K level next. If we break through with volume, it opens the door to a much bigger leg up. But also keep an eye on funding rates and open interest — if they spike too fast, we could see a sharp pullback as the squeeze exhausts itself.